Higher average selling prices (ASPs) and positive farm sentiment boost performance
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Growth in contract and express business boosts quarterly earnings
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The company has recorded 98,619 deliveries in the quarter under review, a 73.6 per cent increase on a year-on-year (Yoy) basis
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As per the company, the revenue in the first half of the current financial year (H1FY25) was Rs 2,099 crore, up from Rs 1,029 crore in H1FY24
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CEO Tim Cook attributed the revenue gains to the iPhone's popularity across all geographic segments and expressed excitement over the strong momentum in India, where Apple is doubling down on its presence by adding four new flagship stores in the coming months, in addition to the two stores it opened last quarter
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With 37 per cent revenue growth over the previous year’s same quarter, TGIL saw a growth in its product portfolio along with a push across online and offline channels
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This growth is driven by strong performances in both the edible oil and Food and fast-moving consumer goods (FMCG) segments
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Revenues are estimated to increase by 9 to 11 per cent from the US market and 7 to 9 per cent each from the European and the domestic markets in FY2025
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GCCs in the country currently generate USD 64.6 billion in export revenue and employ over 1.9 million people across more than 1,700 centres
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Overall, the performance shows a strong push into the cloud computing market, where it is narrowing the competitive gap with leaders like Microsoft and Amazon Web Services (AWs)
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