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  • Zoho reports 43% jump in net profit at Rs 2,700 crore in FY22 Jan 28, 2023 10:12 PM IST

    Zoho reports 43% jump in net profit at Rs 2,700 crore in FY22

    The firm’s revenue from operations was up 28 percent to Rs 6,711 crore in FY22 from Rs 5,230 crore in FY21, as per Zoho’s filings with the Registrar of Companies on January 28

  • OYO estimates its revenue to be $751 million in 2022-23: Ritesh Agarwal Jan 27, 2023 05:04 PM IST

    OYO estimates its revenue to be $751 million in 2022-23: Ritesh Agarwal

    At an employees townhall held this week, Agarwal is understood to have shared how the company has been able to gradually strengthen its financials after overcoming the challenges of the pandemic.

  • Cities must identify revenue models based on infrastructure created under Smart Cities Mission: Goa CM Sawant Jan 23, 2023 07:07 PM IST

    Cities must identify revenue models based on infrastructure created under Smart Cities Mission: Goa CM Sawant

    Sawant was addressing the Smart Cities CEOs conference on data and technology, which is currently underway in the state. "In Goa, we have the saying ’Swayampurna Goem’, which is related to the concept of ’atmanirbharta’ (self-reliance)," the chief minister said.

  • Apple supplier Foxconn says output recovering despite revenue fall Jan 05, 2023 04:08 PM IST

    Apple supplier Foxconn says output recovering despite revenue fall

    Production of Apple iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control COVID-19 prompted thousands of workers to leave Foxconn's factory lines in China's Zhengzhou city.

  • Apple supplier Foxconn December revenue drops 12% YoY Jan 05, 2023 01:34 PM IST

    Apple supplier Foxconn December revenue drops 12% YoY

    The company in a statement said production at the major iPhone factory in China "basically returned to normal" in December. It did not elaborate.

  • Startups grow 3.6-fold faster, take only 5 years to scale $100 million topline: Report Jan 05, 2023 08:33 AM IST

    Startups grow 3.6-fold faster, take only 5 years to scale $100 million topline: Report

    To date, the startup ecosystem, as per the report, has produced more than 100 companies of greater than $100 million in revenue.

  • D-Mart Q3 revenue rises 24.7% to Rs 11,305 crore Jan 04, 2023 06:54 PM IST

    D-Mart Q3 revenue rises 24.7% to Rs 11,305 crore

    The company had revenue from operations of Rs 9,065.02 crore in the October-December quarter a year ago, Avenue Supermarts said in a regulatory filing on Tuesday.

  • Westbridge-backed LEAD spent Rs 538.7 cr to earn Rs 141.6 cr in FY22 as employee costs widen Jan 04, 2023 12:09 PM IST

    Westbridge-backed LEAD spent Rs 538.7 cr to earn Rs 141.6 cr in FY22 as employee costs widen

    During the year, LEAD spent about Rs 258.8 crore on employees, against Rs 99.6 crore in FY21. The company's total expenses also surged to Rs 538.7 crore during the year from Rs 186.6 crore in the previous fiscal.

  • HRtech SaaS platform BetterPlace raises $40 million in extended series C round Dec 20, 2022 03:03 PM IST

    HRtech SaaS platform BetterPlace raises $40 million in extended series C round

    BetterPlace's existing investors Jungle Ventures and British International Investment also participated in the funding round

  • India's electric vehicles value chain revenue pool expected to reach USD 76-100 billion by 2030: Report Dec 15, 2022 09:35 PM IST

    India's electric vehicles value chain revenue pool expected to reach USD 76-100 billion by 2030: Report

    The report indicates that 35-40 per cent of all vehicles sold in India by 2030 will be EVs, up from 2 per cent in 2022. This equates to approximately 14 million to 16 million new EVs sold each year.

  • Indian Railways may place mega order for 50,000 wagons in budget Dec 14, 2022 04:03 PM IST

    Indian Railways may place mega order for 50,000 wagons in budget

    Last year, the government said it plans to purchase 90,000 wagons to transport coal, cement and food grains.

  • Twitter to lose users, revenue to be flat for two years - Insider Intelligence Dec 13, 2022 09:23 PM IST

    Twitter to lose users, revenue to be flat for two years - Insider Intelligence

    Experts and users have had concerns about Twitter's ability to fight misinformation after it let go about half of its staff, including those involved in content moderation.

  • No credible competition in school edtech space: LEAD’s Sumeet Mehta Dec 06, 2022 12:43 PM IST

    No credible competition in school edtech space: LEAD’s Sumeet Mehta

    “Revenue growth in FY22 over FY21 was 2.5x, and in FY23 over FY22 could be about 2x. We will aim to double our business in the next year also. In terms of profitability, we are on track,” Mehta told Moneycontrol.

  • Railways' Apr-Nov passenger segment revenue surges 76 per cent on year Dec 02, 2022 06:45 PM IST

    Railways' Apr-Nov passenger segment revenue surges 76 per cent on year

    The total approximate earnings of the Indian Railways on originating basis during April to November was Rs 43,324 crore against Rs 24,631 crore achieved during the corresponding period last year.

  • Revenue of organised electrical, kitchen appliances industry to grow by 8-10% this fiscal: Report Nov 28, 2022 05:19 PM IST

    Revenue of organised electrical, kitchen appliances industry to grow by 8-10% this fiscal: Report

    This 8-10 per cent revenue growth expected during this fiscal will also be supported by increasing usage of smart technologies and similar buying behaviour among rural and urban consumers towards such products

  • Nykaa records 75% GMV growth, 12 times jump in revenue on Day 1 of Pink Friday sale Nov 25, 2022 04:39 PM IST

    Nykaa records 75% GMV growth, 12 times jump in revenue on Day 1 of Pink Friday sale

    The company said that it recorded over 400 orders per minute on the first day of the sale which started on November 21.

  • Xiaomi revenue falls in third quarter as COVID-19 controls bite Nov 24, 2022 06:48 AM IST

    Xiaomi revenue falls in third quarter as COVID-19 controls bite

    Sales in the third quarter reached 70.17 billion yuan ($9.81 billion), down from 78.063 billion yuan the same quarter a year ago, slightly missing analyst expectations of 70.52 billion yuan.

  • Zoho Books’ India revenue up 81% in 2021 Nov 19, 2022 07:22 AM IST

    Zoho Books’ India revenue up 81% in 2021

    The biggest challenge is acquiring customers. However, while the Customer Acquisition Cost has gone up due to macroeconomic pressures, Zoho is seeing strong retention rates.

  • Tata Hitachi aims 15-20% revenue jump in FY'23 Nov 18, 2022 02:00 PM IST

    Tata Hitachi aims 15-20% revenue jump in FY'23

    The company had clocked a revenue of close to Rs 4,000 crore during FY'22.

  • Auto component suppliers to log an 8-10% growth in revenue this fiscal: ICRA Nov 14, 2022 02:19 PM IST

    Auto component suppliers to log an 8-10% growth in revenue this fiscal: ICRA

    For the first half of the current fiscal, the industry reported a year-on-year growth of 29 per cent, ICRA said on Monday, based on projections from 49 auto ancillaries with aggregate annual revenues of close to Rs 3,00,000 crore.

  • SaaS unicorn Darwinbox opens new global headquarters in Hyderabad, plans IPO in 3 years Nov 14, 2022 12:24 PM IST

    SaaS unicorn Darwinbox opens new global headquarters in Hyderabad, plans IPO in 3 years

    The SaaS unicorn is planning to go for an IPO in the next three years and charts plans to turn profitable by FY2024

  • Vedanta says will double Barmer production if India withdraws additional 10% levy on revenue Nov 11, 2022 05:46 PM IST

    Vedanta says will double Barmer production if India withdraws additional 10% levy on revenue

    The Supreme Court gives the government six weeks time to rethink its decision to impose an additional 10 percent levy on Vedanta's revenue from its Barmer oil fields.

  • Eicher Motors Q2 profit up 76% at Rs 657 crore Nov 10, 2022 06:51 PM IST

    Eicher Motors Q2 profit up 76% at Rs 657 crore

    The company had reported a net profit of Rs 373 crore for July-September 2021-22. Total revenue from operations increased to Rs 3,519 crore from Rs 2,250 crore in the year-ago period, Eicher Motors said in a regulatory filing.

  • ArcelorMittal July-September net income falls over 78% to $993 million Nov 10, 2022 01:58 PM IST

    ArcelorMittal July-September net income falls over 78% to $993 million

    The company follows January-December fiscal year.

  • Coal India hits three-year high after strong earnings, dividend declaration Nov 09, 2022 01:00 PM IST

    Coal India hits three-year high after strong earnings, dividend declaration

    According to the ICICI Direct report, the firm expected to give Rs 20 per share dividend for the current year of which Rs 15 was already announced. The brokerage firm also expects Rs 22 annually and subsequent year Rs 25 annually dividend from the firm.