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Razorpay was last valued at over $7 billion. Razorpay clocked annualised total payment volume (TPV) of around $150 million as of February 2023.
Unacademy reported a 26 percent rise in operating revenue to Rs 907 crore from Rs 719 crore a year earlier
To be sure, the company shared that the fall in net profit is owed to non-cash expenses of about Rs 62.1 crore including Employee Stock Ownership Plan (ESOP), lease equalisation reserve (LER) and inventory provision. These provisions are not actual expenditures that the company has incurred, but futuristic provisions, it added.
Ola Electric’s net loss has widened to Rs 1,472 crore which has doubled from Rs 784 crore it reported in FY22.
While the company's Singapore business turned loss-making, Great Learning managed to reduce its overall losses in FY23 to Rs 210 crore from Rs 266 crore in the preceding fiscal.
The Byju’s management had earlier agreed with its investors that the edtech company would put out its FY23 results by the end of December 2023
Cars24’s total expenses have reduced 3 percent from Rs 6,256 crore in FY22 to Rs 6,058 crore in FY23, helped by cost cuts across the board.
In FY23, the Bengaluru-based fintech diversified its offerings like lending and UPI payments within its app.
PhonePe's standalone PhonePe India Pvt Ltd entity, which houses its Payments business, recorded an operating loss of Rs 1,755 crore in FY23, up from Rs 1,612 crore in FY22.
Groww recorded an operating income of Rs 1,294 crore and plans to enter the margin trading facility (MTF) segment. Credit rating agency ICRA also said that Groww emerged as one of the leading discount brokers in India
Kamath also expects Zerodha to grow at around 10-15% in the present market condition. He also added that the firm's diversification strategies will help in maintaining the long-term growth of the company
The total revenue of Lifestyle International for FY 2022-23 was Rs 11,810 crore.
Alekh Sanghera, co-founder and CEO of the company, said it clocked a total revenue of Rs 1,060 crore, a significant spike over the Rs 209 crore recorded in FY22.
The company's revenue from sale of products and services was up 28.47 percent to Rs 8,127.07 crore during the year, it said.
Coforge said that the Board of Directors at its meeting held on July 20, 2023 has declared an interim dividend of Rs 19 per equity share and the record date for this payout will be August 3, 2023.
The new excise policy of the Delhi government was withdrawn in July 2022 after Lieutenant Governor V K Saxena recommended a CBI probe into alleged irregularities in its implementation.
This was enabled by a huge order from the state-owned Punjab National Bank to install over 5,200 ATMs across 526 locations, spanning 26 states in FY23, which it completed in the past fiscal.
The lender, among the first few foreign banks to operate as a wholly-owned subsidiary, had reported a net profit of Rs 167 crore in FY22.
Auto major Mahindra & Mahindra has reported its results for the last quarter of FY23. Catch management share commentary on company's performance in Q4 and outlook for the next quarter and FY24 only on Moneycontrol.
General Flexi Staffing (i.e. excluding IT Flexi Staffing) observed robust growth of 15.3 per cent in new flexi jobs during FY23, adding 1.47 lakh new flexi jobs across general staffing roles.
During a presentation to employees, Ritesh Agarwal, founder and group CEO of the SoftBank-backed company said Oyo had reported an adjusted EBITDA of around Rs 245 crore in FY23. Rating agency keeps Oyo’s parent company, Oravel Stays Private Ltd’s rating at B3 corporate family rating.
Its assets under management (AUM) increased by 37 per cent year-on-year and 16 per cent quarter-on-quarter to about Rs 16,120 crore at March-end 2023, despite a sharp reduction in the discontinued loan book, the company said in a regulatory filing.
According to the Crisil Ratings report, revenue of private hospitals will grow on the back of healthy bed occupancy and sustenance of high average revenue per occupied bed (ARPOB)
The core of the PFMS reforms is the just-in-time release of funds. Initiated in 2021, the SNA dashboard enables ministries and departments to monitor the movement and disbursal of funds.
This year till date, the Railways earned Rs 1,91,162 crore compared to Rs 1,48,970 crore in the year-ago period, official data showed.
