Revenue

IRCTC posts three-fold growth in profit to Rs 246 crore in Q1 

The company’s revenue from operations rose 251% to Rs 853 crore in Q1FY23 from Rs 243 crore in Q1FY22.

published on : 11th August 2022

Snapchat brings paid subscription service to India amid layoffs, poor growth

The company reported a net loss of USD 422 million compared to USD 152 million in the prior year as it "substantially" reduced hiring. Snap had earlier announced to slow down hiring this year.

published on : 10th August 2022

Telangana High Court stays GO on redeployment of VROs

The bench issued the stay orders in a writ petition filed by the Telangana Village Revenue Officers Association represented by its president Golkanda Satish.

published on : 9th August 2022

BBMP now says Idgah ground belongs to Revenue department

The ownership of property number 147 measuring 2.5 acres was challenged by Rakan-Ul-Mulk and Abdul Wajid in 1955. There was an injunction against the corporation to enter the land by the Munsif court.

published on : 7th August 2022

Paytm’s net loss widens to Rs 645 crore in Q1

Its revenue from operations came in at Rs 1,680 crore in the first quarter, up 89% from the year-ago quarter.

published on : 6th August 2022

Village Revenue Assistants, Village Revenue Officers strike delays issuance of certificates

The pending applications include those relating to caste, income, nativity, and Economically Weaker Sections certificates.

published on : 5th August 2022

Government in bind over VROs abolition

There are currently 5,088 VROs, without work attached to Tahasildar offices against the sanctioned strength of 7,039 posts.

published on : 3rd August 2022

Liquor policy: Delhi govt admits to ‘Revenue loss’

The state government’s cabinet note on the withdrawal of the new excise policy admits to almost all the lapses pointed out by this newspaper in a series of articles over the last two months. 

published on : 2nd August 2022

ITC Q1 net profit increases 34 per cent to Rs 4,390 crore

Revenue from operations surged 39.25% to Rs 19,831.27 crore, from Rs 14,240.76 crore posted in the same quarter last year.

published on : 2nd August 2022

Karnataka collects Rs 10,000 crore GST

Some experts wondered whether Karnataka could have earned more revenues under the previous non-GST regime.

published on : 2nd August 2022

No Telugu film shoots till all issues are solved: TFCC president Kotha Basi Reddy

The meeting will also discuss the better pay and working conditions of the film workers from all 24 crafts of cinema.

published on : 1st August 2022

Controversy around GST rate hike

Instead of taking the simple route, someone came up with the bright idea of giving up the classification of branded and non-branded. This was a clever ploy to help corporates.

published on : 1st August 2022

DLF’s Q1 net profit rises by 39% to Rs 470 crore

Total income rose to Rs 1,516.28 crore in the first quarter of this fiscal from Rs 1,242.27 crore in the corresponding period of the previous year, according to a regulatory filing.

published on : 30th July 2022

NTPC reports 15 per cent rise in net profit

Its total income rose to Rs  43,560.72 crore in the first quarter of the current fiscal from Rs  30,390.60 crore in the same period of the last year.

published on : 30th July 2022

Indian Oil Corporation sees 66.46 per cent decline in net profit in Q1 FY23

This is the first quarterly loss reported by the company in the past two years. The company had posted a net profit of Rs 5,941.37 crore in the same period a year ago. 

published on : 30th July 2022

Ashok Leyland reports Rs 96 crore net profit in Q1

Commercial vehicles manufacturer Ashok Leyland on Friday reported a consolidated net profit of Rs 96 crore for the first quarter of financial year 2022-23 riding on higher sales. 

published on : 30th July 2022

Sundram Fasteners Q1 net profit rises by15.6% 

The company’s revenue from operations stood at Rs 1,239 crore, a 32% increase in growth for Q1, compared to the same period in the previous year.

published on : 30th July 2022

Apple India's revenue almost doubles in June 2022 quarter

Tim Cook said the 83 billion dollar revenue was "better than we expected despite supply constraints, strong foreign exchange headwinds and the impact of our business in Russia."

published on : 29th July 2022

Demand environment continues to remain strong, says Happiest Minds

Many IT companies are now focusing on emerging technologies such as Metaverse and Web 3.0, and Happiest Minds too is focusing on these new technologies.

published on : 29th July 2022

TVS Motor reports Rs 305.37 crore net profit in Q1

TVS Motor Company on Thursday reported a consolidated net profit of Rs 305.37 crore for the first quarter of the financial year 2022-23 (Q1FY23).

published on : 29th July 2022
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