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
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.
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.
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.
The company in a statement said production at the major iPhone factory in China "basically returned to normal" in December. It did not elaborate.
To date, the startup ecosystem, as per the report, has produced more than 100 companies of greater than $100 million in revenue.
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.
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.
BetterPlace's existing investors Jungle Ventures and British International Investment also participated in the funding round
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.
Last year, the government said it plans to purchase 90,000 wagons to transport coal, cement and food grains.
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.
“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.
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.
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
The company said that it recorded over 400 orders per minute on the first day of the sale which started on November 21.
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.
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.
The company had clocked a revenue of close to Rs 4,000 crore during FY'22.
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.
The SaaS unicorn is planning to go for an IPO in the next three years and charts plans to turn profitable by FY2024
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.
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.
The company follows January-December fiscal year.
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.