Iran's currency devaluation threatens Indian tea and basmati rice exports ... hit by a weak demand for its India Gate basmati rice brand in international markets, leading to a 6.4% decline ...
KRBL reported a nearly 35% drop in third-quarter profit on Tuesday, hit by a weak demand for its India Gate basmati rice brand in international markets, leading to a 6.4% decline in its shares.
For FY24, the export of Basmati rice fell by 10 percent to 4.10 million tonne. GRM Overseas Managing Director Atul Garg said Khan's mass appeal and fan base align with the company's 10X brand ...