During the quarter ended September 30, 2025, Blue Star's revenue from operations increased by 6.4% to ₹2,422.37 crores, up from ₹2,275.96 crores in the same period last year.
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India’s latest manufacturing data shows the sector gaining momentum, a sign that GST cuts have stoked demand and production. Amid global trade headwinds, can this upswing withstand external shocks?
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Mahindra's consolidated net profit rose 13% to ₹3,955 crore, while revenue increased 22% to ₹46,106 crore in the three months through September. The revenue growth was led by a 32% surge in sales of tractors to 123,000 units during the period, while SUV sales rose 13% to 261,703 units.
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A gathering consumption wave is expected to lift credit growth beyond previous projections, India's largest lender State Bank of India said, as the combined effect of tax and interest rate cuts ripples through the economy.
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The PMI rose to 59.2, indicating expansion, though external sales grew slowly. Manufacturers remain optimistic about future demand and production amid softening input prices.
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GST reforms have boosted consumer spending during the festive season, with an 8.5% increase in sales compared to last year, amounting to ₹6 trillion. Major tax cuts led to increased demand for cars, kitchenware, and other goods, though some businesses faced supply chain disruptions.
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Maruti Suzuki India Ltd’s latest management commentary has spurred hopes of brighter days after the September quarter (Q2FY26).
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India’s GST rate cuts have sent car sales zooming to record highs, hinting at a revival in market demand that’s more than a festive season blip. Overall GST collection data looks strong too. But is it too early to celebrate?
Read MoreEvery day, two narratives emerge on India’s GST (goods and services tax) registration portal. The first belongs to Rajesh, a small manufacturer in Pune, who spends three days downloading a utility bill copy from online portals, locating, and scanning his rent agreement, compiling identification documents, and finally uploading them on the GST registration portal
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Muted demand and higher costs tripped up the shoemaker in Q2FY26, but festive sales and premium brands may help it regain pace.
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