Monday, 27 March 2017
Thursday, 9 February 2017
Thursday, 28 April 2016
Jabong revenues decline 19.3% to Rs 270.75 crore in Q4 2015
Rocket Internet-backed fashion etailer Jabong’s financials decreased further. The company reported revenues of Rs 218.53 crore in the fourth quarter of 2015. This represented a decline of 19.3% from Rs 270.75 crore in the same quarter last year.
The company also reported a gross merchandise value of Rs 377.73 crore, a decline of 19% y-o-y from Rs 465.61 crore.
Net loss for the company in Q4 2015, however, decreased to Rs 1.98 crore, from a loss of Rs 45.9 crore in the same period last year. The company reported an operational (EBITDA) loss of Rs 93.51 crore, down from a Rs 144.91 crore loss in Q4 2014.
The company attributed the increase in profitability to better unit economics and reduced discounts.
For the full year, revenues increased 7.1% to Rs 869.14 crore. The GMV increased 13.8% to Rs 1,502.9 crore.
Net loss stood at Rs 46.74 crore compared to Rs 159.58 crore last year.
The total number of orders in the period stood at 1.2 million, showing a decline of 41.5%, from 2 million in the same period last year. The total transactions in Q4 2015 was at 1.9 million, down 36.9% from 3 million in Q4 2014.
Jabong reported Rs 3144 per order for the quarter ended December 31st 2015, down 20.3% from Rs 3943 per order for the same quarter last year. For the year, however, order value was up 24.3% to Rs 2783 per order in 2015, from Rs 2238 per order in 2014 and Rs 1967 per order in 2013
The company added the contribution of mobile share increased 32% in share of revenue.
For the full year, revenues increased 7.1% to Rs 869.14 crore. The GMV increased 13.8% to Rs 1,502.9 crore. Net loss stood at Rs 46.74 crore compared to Rs 159.58 crore last year.
The company also reported a gross merchandise value of Rs 377.73 crore, a decline of 19% y-o-y from Rs 465.61 crore.
Net loss for the company in Q4 2015, however, decreased to Rs 1.98 crore, from a loss of Rs 45.9 crore in the same period last year. The company reported an operational (EBITDA) loss of Rs 93.51 crore, down from a Rs 144.91 crore loss in Q4 2014.
The company attributed the increase in profitability to better unit economics and reduced discounts.
For the full year, revenues increased 7.1% to Rs 869.14 crore. The GMV increased 13.8% to Rs 1,502.9 crore.
Net loss stood at Rs 46.74 crore compared to Rs 159.58 crore last year.
The total number of orders in the period stood at 1.2 million, showing a decline of 41.5%, from 2 million in the same period last year. The total transactions in Q4 2015 was at 1.9 million, down 36.9% from 3 million in Q4 2014.
Jabong reported Rs 3144 per order for the quarter ended December 31st 2015, down 20.3% from Rs 3943 per order for the same quarter last year. For the year, however, order value was up 24.3% to Rs 2783 per order in 2015, from Rs 2238 per order in 2014 and Rs 1967 per order in 2013
The company added the contribution of mobile share increased 32% in share of revenue.
For the full year, revenues increased 7.1% to Rs 869.14 crore. The GMV increased 13.8% to Rs 1,502.9 crore. Net loss stood at Rs 46.74 crore compared to Rs 159.58 crore last year.
Monday, 11 April 2016
Dabur to ramp up baby care portfolio
Leading FMCG firm Dabur India is planning to scale up its portfolio in the babycare segment by launching more products in coming days,as per a company official.
Commenting on the matter, Ramarao Dhamija, category head (mother and child care) of Dabur India said:"We are aspiring to be a serious player in the baby care segment... Dabur wants to increase the revenue contribution from the baby care segment by launching a slew of brands in coming days and also investing in the."
Currently, Dabur has three products in the segment that contribute around Rs 140 crore to the overall revenue of Dabur, which stood at Rs 7,800 crore, Dhamija said today at the launch of a massage oil brand for babies.
The company reported a 21.03 per cent increase in consolidated net profit at Rs 284.8 crore for the fourth quarter of 2014-15. The scrip was trading at Rs 262.35 on BSE during the afternoon session, down 0.63 per cent from the previous close.
Commenting on the matter, Ramarao Dhamija, category head (mother and child care) of Dabur India said:"We are aspiring to be a serious player in the baby care segment... Dabur wants to increase the revenue contribution from the baby care segment by launching a slew of brands in coming days and also investing in the."
Currently, Dabur has three products in the segment that contribute around Rs 140 crore to the overall revenue of Dabur, which stood at Rs 7,800 crore, Dhamija said today at the launch of a massage oil brand for babies.
The company reported a 21.03 per cent increase in consolidated net profit at Rs 284.8 crore for the fourth quarter of 2014-15. The scrip was trading at Rs 262.35 on BSE during the afternoon session, down 0.63 per cent from the previous close.
L'Oreal to open hair-colour plant in Himachal Pradesh
L'Oreal India, Managing Director, Jean-Christophe, told PTI, "We are in the process of opening a second factory in the North. It will be at Baddi in Himachal Pradesh and will be only for hair colour, for which we plan a capacity of 100 million units. The plant will be operational by the mid of next year and will cater to all its brands that sell cream-based hair colours. By 2020, the global beauty care major is eyeing a turnover of Rs 7,000 crore and is on track to achieve this target."
The company has around 70 per cent market share in the cream-based hair colour category, which is estimated at Rs 700 crore.
"We will go beyond Rs 2,000 crore this year. Our target is to be up to two or three times the market growth. During the last two years, the market itself has slowed down but we have managed to grow over two times the market, but at a slower pace than what we would expect," Letellier further told PTI.
Moreover, the company had clocked sales worth Rs 1,800 crore in the last year and is expecting to grow at 20 per cent this year.
The company has around 70 per cent market share in the cream-based hair colour category, which is estimated at Rs 700 crore.
"We will go beyond Rs 2,000 crore this year. Our target is to be up to two or three times the market growth. During the last two years, the market itself has slowed down but we have managed to grow over two times the market, but at a slower pace than what we would expect," Letellier further told PTI.
Moreover, the company had clocked sales worth Rs 1,800 crore in the last year and is expecting to grow at 20 per cent this year.
Wednesday, 24 February 2016
Maldives- Banana reef snorkeling
Banana Reef is a protected area famous for its fantastic diving opportunities and wealth of marine life that resides here. Divers can expect to see some magnificent corals around which groper, sharks, jackfish, blue-striped snapper and barracuda roam. Some areas are well suited to snorkelling while on dry land visitors can enjoy the locations splendid cliffs and caves.
This reef is known to have the shape of a banana that spreads over 300 meters from north direction to south direction. Variety of marvellous marine life can be found here that include Moray Eels, Napoleon Wrasse and also the rare Bannerfish.
Banana Reef, Banana reef snorkeling, Maldives Banana reef, Maldives travel attraction, Diving in the Maldives, Banana Reef in Maldives, Snorkeling in the Maldives, Best Diving in the Maldives
This reef is known to have the shape of a banana that spreads over 300 meters from north direction to south direction. Variety of marvellous marine life can be found here that include Moray Eels, Napoleon Wrasse and also the rare Bannerfish.
Banana Reef, Banana reef snorkeling, Maldives Banana reef, Maldives travel attraction, Diving in the Maldives, Banana Reef in Maldives, Snorkeling in the Maldives, Best Diving in the Maldives
Wednesday, 8 October 2014
Here's How African Nations Are Making Progress With Democracy, Human Rights
In an unprecedented move this week, President Obama played host to nearly 50 leaders from Africa -- a continent which is home to six of the 10 fastest-growing economies in the world, according to the Washington Post.
Analysts claim the U.S.-Africa Leaders Summit, which took place in Washington, D.C., from Monday through Wednesday, was an important step by the president to prioritize relations with an increasingly influential region, as Reuters reported. But among talks of GDPs and business bottom lines, another vital angle of development was on the agenda: Human progress.
Here are six issues brought into the spotlight as a result of the summit this week, reminding the world that things are improving for the people of Africa.
In a panel held Monday at the summit discussing African civil society, Secretary of State John Kerry reaffirmed the United States' support in helping African nations prioritize democracy and the "empowerment of people through their government," Voice of America reported. In a meeting last March with Sierra Leone President Ernest Bai Koroma (seen above right) and former Malawian President Joyce Banda (left), among others, President Obama voiced his approval of the democratic progress he'd witnessed in many regions of the continent.
"Child marriage is a complex human rights issue," Amanda Klasing of Human Rights Watch said Tuesday at a U.N. Foundation's summit on the issue, TIME reported. The forum, hosted by the International Center for Research on Women, was a sideline event during the U.S.-Africa summit, drawing attention to the human rights abuse that disproportionately affects young African girls. In recent years, international attention and grassroots efforts have worked to end the practice.
"As we watch the rates of child marriage decline, we can expect to see more girls in school for a longer time, more girls accessing health and protection services, less violence against women and girls, more qualified women participating in the labor force," Martin Mogwanja, UNICEF deputy executive director, said in Ethiopia in May.
Award-winning Nigerian artist Dapo Oyebanjo attended the summit as a ONE.org ambassador and used his platform to pressure African leaders to continue fighting poverty through prioritizing agriculture, The Sun reported. While much work remains, Africa has seen remarkable progress in its fight against poverty.
In an annual newsletter written by Bill Gates earlier this year on behalf of his foundation, the billionaire philanthropist noted income has climbed by two-thirds since 1998 in Africa and more and more nations are "turning toward strong sustained development." Countries like Nigeria -- where the above photo was taken in an ice cream parlor -- have experienced significant middle class expansion in recent years.
"Investing in Health: Investing in Africa’s Future" was a signature event at the summit this week, drawing attention to both the recent successes and remaining challenges facing a continent continuing to battle HIV/AIDS, infant mortality and preventable diseases. The fights against many of those diseases have made remarkable progress in recent decades. Malaria mortality rates, for example, have fallen by 49 percent in Africa since 2000, according to the World Health Organization.
Enabling women to achieve not only leadership positions within government but across all sectors of society was another important topic discussed at the summit. Within the last decade, Africa's first two female heads of state -- Ellen Johnson Sirleaf in Liberia and Joyce Banda in Malawai (above with Hillary Clinton) -- were elected, highlighting a victory for gender equality many developed nations, including the U.S., have not yet achieved.
In Rwanda, 64 percent of the country's parliamentary seats are held by women (the world's highest proportion), and gender rights have become staples in the state's constitution, the Guardian reported.
As the planet's temperature continues to rise, U.S. and African officials on Monday discussed methods of fighting climate change while enhancing more productive agricultural systems. Dr. Jill Biden spoke at the signature event, which focused on U.S.-Africa initiatives aiming to enable households, communities and food systems to withstand a changing natural environment.
Analysts claim the U.S.-Africa Leaders Summit, which took place in Washington, D.C., from Monday through Wednesday, was an important step by the president to prioritize relations with an increasingly influential region, as Reuters reported. But among talks of GDPs and business bottom lines, another vital angle of development was on the agenda: Human progress.
Here are six issues brought into the spotlight as a result of the summit this week, reminding the world that things are improving for the people of Africa.
In a panel held Monday at the summit discussing African civil society, Secretary of State John Kerry reaffirmed the United States' support in helping African nations prioritize democracy and the "empowerment of people through their government," Voice of America reported. In a meeting last March with Sierra Leone President Ernest Bai Koroma (seen above right) and former Malawian President Joyce Banda (left), among others, President Obama voiced his approval of the democratic progress he'd witnessed in many regions of the continent.
"Child marriage is a complex human rights issue," Amanda Klasing of Human Rights Watch said Tuesday at a U.N. Foundation's summit on the issue, TIME reported. The forum, hosted by the International Center for Research on Women, was a sideline event during the U.S.-Africa summit, drawing attention to the human rights abuse that disproportionately affects young African girls. In recent years, international attention and grassroots efforts have worked to end the practice.
"As we watch the rates of child marriage decline, we can expect to see more girls in school for a longer time, more girls accessing health and protection services, less violence against women and girls, more qualified women participating in the labor force," Martin Mogwanja, UNICEF deputy executive director, said in Ethiopia in May.
Award-winning Nigerian artist Dapo Oyebanjo attended the summit as a ONE.org ambassador and used his platform to pressure African leaders to continue fighting poverty through prioritizing agriculture, The Sun reported. While much work remains, Africa has seen remarkable progress in its fight against poverty.
In an annual newsletter written by Bill Gates earlier this year on behalf of his foundation, the billionaire philanthropist noted income has climbed by two-thirds since 1998 in Africa and more and more nations are "turning toward strong sustained development." Countries like Nigeria -- where the above photo was taken in an ice cream parlor -- have experienced significant middle class expansion in recent years.
"Investing in Health: Investing in Africa’s Future" was a signature event at the summit this week, drawing attention to both the recent successes and remaining challenges facing a continent continuing to battle HIV/AIDS, infant mortality and preventable diseases. The fights against many of those diseases have made remarkable progress in recent decades. Malaria mortality rates, for example, have fallen by 49 percent in Africa since 2000, according to the World Health Organization.
Enabling women to achieve not only leadership positions within government but across all sectors of society was another important topic discussed at the summit. Within the last decade, Africa's first two female heads of state -- Ellen Johnson Sirleaf in Liberia and Joyce Banda in Malawai (above with Hillary Clinton) -- were elected, highlighting a victory for gender equality many developed nations, including the U.S., have not yet achieved.
In Rwanda, 64 percent of the country's parliamentary seats are held by women (the world's highest proportion), and gender rights have become staples in the state's constitution, the Guardian reported.
As the planet's temperature continues to rise, U.S. and African officials on Monday discussed methods of fighting climate change while enhancing more productive agricultural systems. Dr. Jill Biden spoke at the signature event, which focused on U.S.-Africa initiatives aiming to enable households, communities and food systems to withstand a changing natural environment.
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