Profitability Archive

Cloud computing is driving productivity and profitability of SMBs

16th May, 2018: India has over 50 million small and medium businesses (SMBs). They contribute over 30% to India’s GDP and employ over 117 million people. However, SMBs face many challenges, including limited access to resources and technology, which greatly limits their productivity and profitability. Indeed, asymmetry between SMBs and large enterprises can be as

This #MahaMarch, BankBazaar announces profitability

National, March 15, 2017: BankBazaar, world’s first multi-brand paperless platform for instant approval on financial products, launched the third edition of its annual #MahaMarch campaign – the largest-ever month-long sale of financial products in India. Along with this campaign, the company announced a major business milestone achievement of having achieved positive unit economics, i.e., the

Myntra well set on its path to growth and profitability with a strengthened leadership team

  Bengaluru, February 9, 2017: Myntra today announced that it has witnessed a 100% yoy growth in the month of January with the highest ever revenues of over Rs 850 crores in a particular month. Its extensive selection, unique brand partnerships and the recent acquisition of Jabong have helped establish the company as the industry

Myntra grows 80% YoY; Set to achieve profitability in FY18

Bengaluru, December 1, 2016: Myntra, India’s leading platform for mass premium fashion today announced that it has witnessed 80% year on year growth with an industry leading revenue run rate of $ 1 billion. The acquisition and turnaround of Jabong and the recently concluded festive season have contributed to this growth and strengthened Myntra’s position

Rocket Internet SE: Key Portfolio Companies Continue to Advance Towards Profitability

Rocket Internet SE’s (“Rocket Internet”, “the Company”) key portfolio companies have taken further significant steps towards profitability in the first half of 2016. As a result, the aggregate adjusted EBITDA margin improved from -32% in the first half of 2015 to -17% in the first half of 2016 and absolute EBITDA losses decreased by EUR

Intel Launches Phase Two Of Intel Security Partner Program Designed To Improve Profitability

Enhanced Program Helps Distributors, Resellers and their Customers Take an Offensive Approach to Security   India, 10 July 2015: Intel Security today announced its second phase of advancements to the Intel Security Partner Program to improve profitability and efficiency for distributors and resellers. The first phase of the roll-out was announced in October 2014 to

New Research Reveals ‘Data Deficit’ Making the Job of CFO More Challenging and Profitability More Elusive

Nearly 1 in 2 CFOs Rely on ‘Gut-Feel’ to Compensate for the Lack of Access to the Right Financial Information   CFOs Who Make Decisions Based on Empirical Data versus Instinct Lead Survey Peers in Profitability     United Arab Emirates, 18 June, 2015 — Over 46 percent of CFOs rely on “gut-feel” and instinct

Strong year-on-year sales growth; Weak Nokia Networks profitability compensated by good performance in Nokia Technologies and HERE

Interim Report for Q1 2015   Strong year-on-year sales growth; Weak Nokia Networks profitability compensated by good performance in Nokia Technologies and HERE This is a summary of the Nokia Corporation interim report for first quarter 2015 published today. The complete first quarter 2015 interim report with tables is available at http://company.nokia.com/en/financials. Investors should not

LKAB: CONTINUED PRICE DROP PUTS PRESSURE ON PROFITABILITY

The global iron ore market continues to be influenced by the structural oversupply of iron ore fines. The price level was reflected in LKAB’s operating profit for the first quarter, which amounted to MSEK 375 (1,946) with an operating margin of 9 (32) percent. The price of iron ore on the world market fell by

Epicor to Showcase Next-Generation ERP at ADIPEC 2014

Enterprise Resource Planning Solution Helps Improve Efficiency And Profitability for Oil & Gas Companies in the Middle East     United Arab Emirates, November 9, 2014 — Epicor Software Corporation, a global leader in business software solutions for manufacturing, distribution, retail and services organizations, has announced that it will showcase the latest version of its