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NEW DELHI: Direct tax collections registered a growth of 182% over the past decade, with net collections surging from Rs 6.95 lakh crore in FY15 to Rs 19.60 lakh crore in FY24. The growth is primarily attributed to rise in personal income tax collections, which increased by 294.3%, reaching Rs 10.45 lakh crore in FY24 […]
India’s natural rubber production has shown a steady growth, registering a 2.1 per cent increase in FY2023-24 at 8.57 lakh tonnes compared with 8.39 lakh tonnes (lt) a year ago. The Rubber Board, in its 45th edition of ‘Indian Rubber Statistics’, revealed that consumption also witnessed a significant rise, increasing by 4.9 per cent to […]
2 min read Last Updated : Oct 16 2024 | 5:19 PM IST Fintech major BharatPe saw its consolidated earnings before interest, taxes, depreciation, and amortisation (Ebitda) loss decline to Rs 209 crore in financial year 2024 (FY24), from Rs 826 crore in FY23. The Gurugram-based company’s revenue from operations rose by 39 […]
Sahyadri Farms, India’s largest farmer-producer company, founded by Vilas Shinde in 2011 achieved a turnover of ₹1,548.9 crore in FY 2023-24, a 55 per cent increase from the previous year, despite challenges such as rising input costs and climate change. The company’s EBITDA margin stood at an industry-leading 11.08 per cent. It procured and processed […]
Operating losses were reduced by 41 per cent from Rs 1,024 crore in FY23 to Rs 609 crore in FY24. | Representative Photo: Shutterstock 3 min read Last Updated : Sep 30 2024 | 4:22 PM IST Credit card bill payments app CRED on Monday reported 66 per cent year-on-year increase in revenue to […]
2 min read Last Updated : Sep 28 2024 | 9:24 PM IST Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday said its turnover has increased by 8 per cent to Rs 59,445 crore in the financial year ending March 2024 on better sales. “In […]
(Photo: Wikimedia commons) 3 min read Last Updated : Sep 26 2024 | 6:54 PM IST IT consulting and services major Accenture has upped its revenue guidance for financial year 2025 to be in the range of 3–6 per cent, even as the company missed its FY24 growth target. Accenture, the largest player […]
Qapitol QA, a leader in digital quality assurance and quality engineering solutions, has released the much-anticipated Q2 2024 edition of its industry report titled “State of the Industry Report on Quality Engineering in tech-funded startups for FY24 – A Q2 Update.” This update builds on the Q1 report, integrating the latest data and providing fresh […]
Goa Shipyard Limited | Representative 2 min read Last Updated : Sep 25 2024 | 8:43 PM IST Goa Shipyard Ltd (GSL) has achieved the highest-ever revenue from operation of Rs 1,753 crore in FY24, a top company official said on Wednesday. Addressing the 58th annual general meeting of GSL, Chairman and Managing […]
3 min read Last Updated : Sep 25 2024 | 7:37 PM IST Discount stock broker Zerodha reported a 61.5 per cent year-on-year jump in profit during the financial year 2023-24 to Rs 4,700 crore, while revenues jumped 21 per cent to Rs 8,320 crore. If the brokerage firm were a listed entity, […]
