{
}
Krishca Strapping Solutions Limited reported total revenue of ₹151.08 Crores for FY25, with H2 contributing ₹87.24 Crores. The company achieved an EBITDA of ₹24.29 Crores and a profit after tax of ₹11.60 Crores, resulting in an earnings per share of ₹8.33.
Capital A reported a strong recovery in Q1 2025, achieving 5.3 billion ringgit (US$1.2 billion) in revenue and a profit after tax of 194 million ringgit (US$45.6 million), rebounding from a loss last year. The aviation segment contributed significantly, with passenger numbers up 5% to 16.2 million, while average fares dropped 9% to 241 ringgit (US$56.6). Diversification into non-aviation businesses proved critical, generating 15% of total revenue, as the company navigates industry challenges and aims for future growth through potential dual listings.
Chinese EV manufacturers reported mixed sales for May 2025 amid a price war, with BYD leading at 376,930 vehicles sold, a 14.1% year-on-year increase. Leapmotor and Aito achieved record deliveries, while Xpeng and others showed modest growth. The industry is consolidating, with a shift towards plug-in hybrids as consumer preferences evolve.
Saudi Arabia is set to place multi-billion-dollar orders for Airbus aircraft as part of its strategy to diversify its aviation partnerships and enhance its presence in the rapidly growing Gulf aviation sector. State-owned AviLease is in talks to acquire around 30 Airbus A320neo jets and is also considering Airbus A350 freighters. Meanwhile, Riyadh Air is leaning towards the Airbus A350 for its wide-body fleet, potentially ordering up to 50 aircraft, while maintaining a balance with Boeing following recent significant orders.
Oil prices rebounded over $1 a barrel after OPEC+ decided to maintain its output increase of 411,000 barrels per day for July, matching the previous two months. Brent crude rose to $64.24, while US West Texas Intermediate climbed to $62.45, as traders anticipated this decision. Analysts expect a similar increase in August, despite concerns over US fuel inventories and a potential slowdown in crude production due to lower prices.
UAE start-ups are increasingly adopting ERP systems early in their growth journey, shifting from a "scale fast" mindset to an "infrastructure-first" approach. This strategic pivot enhances operational efficiency, ensures regulatory compliance, and supports scalable growth, allowing founders to build resilient, data-driven businesses from day one. The trend is fueled by the availability of affordable, cloud-based solutions that integrate seamlessly with existing tools, making ERP a competitive differentiator across various sectors.
Matcha is rapidly gaining popularity in the Middle East, particularly in Dubai, Abu Dhabi, and Riyadh, where specialty cafes are blending it with traditional beverages like karak chai. Driven by health-conscious millennials and a booming wellness culture, the matcha market in the region is projected to grow significantly, despite challenges in supply and cultural competition with established coffee traditions. As Japan faces production shortages due to soaring global demand, local businesses are encouraged to foster direct relationships with tea growers to ensure quality and availability.
Matcha, once exclusive to Japanese tea ceremonies, is gaining traction in the Middle East, driven by health-conscious millennials and a vibrant cafe culture. While it offers a gentler energy boost compared to coffee, its earthy flavor may challenge traditional preferences. The region's matcha market is projected to grow significantly, aligning with Saudi Arabia's Vision 2030 initiative to diversify its economy and embrace innovative food and beverage trends.
IFL Enterprises Ltd has reported a remarkable turnaround in Q4 FY25, achieving a consolidated net profit of Rs. 3.04 crore, a significant increase of 348% year-on-year, compared to a loss of Rs. 67.87 lakh in the same quarter last year. The company, based in Gujarat and involved in the agri commodity sector, has seen its revenue from operations rise substantially during this period.
Supply Chain Management
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
krishca strapping solutions reports over 150 crores in revenue for fy25
12:16 02.06.2025
capital a reports strong recovery with significant profit growth in q1 2025
11:53 02.06.2025
Chinese electric vehicle sales show mixed results amid ongoing price war
11:42 02.06.2025
Saudi Arabia diversifies aviation fleet with multi-billion dollar Airbus orders
11:13 02.06.2025
oil prices rise as opec plus maintains output hike for july
10:24 02.06.2025
BYD achieves record May sales in 2025 following significant price cuts
uae startups embrace early erp adoption for sustainable growth and efficiency
06:33 02.06.2025
matcha's rise in the middle east challenges traditional coffee culture
08:38 01.06.2025
matcha's rise in the middle east challenges traditional coffee culture
22:16 31.05.2025
ifl enterprises reports significant profit growth in fourth quarter fy25
09:00 31.05.2025
Trending
Subcategory
Corporate News
Industry Trends
Central Banks and Digital Currencies
Cryptocurrency Trends
Fintech Startups
Industry Mergers & Acquisitions
Startups & Entrepreneurship
AI Innovations
Emerging Startups
Funding Rounds & Investments
Countries:
Companies:
Tencent Music Entertainment Group
Sony Music Entertainment COMPANY
Alphabet Inc.
Microsoft Corporation Corp.
Oracle Corporation
Softbank Group Corp.
Currencies:
People: