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India biscuit market: Parle’s sales grow in FY25; profitability hit by intense competition

Parle Products reported steady growth in revenue in FY25, even as profitability came under pressure, highlighting the intense competition and changing dynamics of India’s biscuit and confectionery market. The unlisted FMCG major recorded an 8.5 per cent rise in operational revenue to Rs 15,568.49 crore in the financial year ended March 31, 2025, according to…

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US tariff hit: Indian home textile exports set for 5-10% fall; Crisil warns of profitability pressure this fiscal

India’s home textile exporters are set to face a revenue fall of 5-10% this year, along with lower operating profitability, after the United States enforced a steep 50% tariff from 27 August, according to a report by Crisil Ratings. Exports make up nearly three-quarters of the industry’s turnover, making the impact significant.As per news agency…

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