Revenue Growth News - Latest Updates & Headlines
BJP accusing Punjab govt of 'tax terrorism' laughable: AAP
Chandigarh, April 22: Aam Aadmi Party (AAP) Punjab spokesperson Neel Garg on Tuesday slammed the BJP for its baseless allegations against the Punjab government’s taxation policies.
Indian FMCG firms to end FY25 with single-digit revenue, base favourable in FY26
New Delhi, April 14: FMCG firms in India, on aggregate, should end FY25 with low single-digit revenue as consumer staples stocks have benefited from the flight-to-safe trade recently, a new report has said, adding that the base will remain favourable in FY26.
McCain India profit shrinks 29 pc in FY24 amid rising costs
New Delhi, April 6: McCain India, the maker of frozen snacks like French fries and aloo tikki, reported a sharp 29 per cent decline in its net profit for the financial year 2023-24 (FY24), hit by rising costs and higher spending on advertising and management fees.
Smart metering programme can help discoms generate Rs 4 lakh crore additional revenue: Care Edge
New Delhi, March 30: Power distribution companies (discoms) could generate an additional revenue potential of around Rs 4.0 lakh crore over the next seven years by installing smart meters across India, Care Edge Ratings said in a report this week.
Mining Department has set a new record in revenue growth: Uttarakhand mining secretary Brijesh Kumar Sant amidst illegal mining row
Dehradun, March 28: Amidst the ongoing row on the alleged illegal mining issue raised by BJP MP Trivendra Singh Rawat in parliament, Uttarakhand Mining Secretary Brijesh Kumar Sant informed that Uttarakhand Mining Department has set a new record in revenue growth.
ISRO's commercial arm NSIL reports 43 pc revenue growth in FY25, PBT up 54 pc
New Delhi, March 26: NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO), has reported Rs 3,026.09 crore in revenue in FY25 to date, an impressive 43 per cent growth from Rs 2,116.12 crore in FY24, the Parliament was informed on Wednesday.
Punjab excise revenue to surpass five-digit mark for first time: Finance Minister
Chandigarh, March 23: Punjab Finance Minister Harpal Singh Cheema said on Saturday that the state's excise revenue has seen an unprecedented cumulative growth over the past three years, rising from Rs 6,254 crore to more than Rs 10,200 crore.
FMCG revenues in India to see 100-200 basis points recovery in 2025-26, Crisil says
New Delhi, March 19: India's fast-moving consumer goods (FMCG) sector should see revenue rebound 100 to 200 basis points to 6-8 per cent in the next fiscal year 2025-26, compared with a more modest 5-6 per cent expected rise in the current financial year 2024-25, Crisil Rating said Wednesday in a report.
Mines dept in Rajasthan surpasses own record by clocking year-on-year growth rate of 22.58 pc
Jaipur, March 18: Rajasthan's Principal Secretary of Mines and Petroleum, T. Ravikant, said on Tuesday that the State Mines Department has achieved revenue collection of Rs 8,350.75 crore till March 15, marking an impressive 22.58 per cent growth rate.
India's IT services firms likely to post 4 to 6 per cent revenue growth in FY 2026
New Delhi, March 12: Indian IT services companies are expected to record a moderate 4-6 per cent growth in US dollar terms during FY2026, according to an ICRA report released on Wednesday.
Rajasthan Roadways' Delhi Depot earns over one crore revenue in Feb
Jaipur, March 1: Rajasthan Roadways' Delhi Depot has been consistently moving towards profitability for the past five months, marking a significant turnaround in its financial performance. The depot registered an increase of 1.12 crore in February this year as compared to the corresponding period last year.
India auto component industry revenues to expand 8-10% in 2025-26: ICRA
New Delhi, February 20: Revenue in the Indian auto component industry is expected to expand by 8-10 per cent in the upcoming financial year 2025-26, according to rating agency ICRA.