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Latest from revenue growth

Punjab’s GST mop-up rises 19.77% to record ₹2,654 cr in April: Cheema

He said that the gross GST revenue collection for April 2025 marked an increase of ₹438.07 crore when compared to the gross collection of ₹2215.70 crore recorded in April 2024

Cheema said that this robust growth underscores the increasing compliance among taxpayers. (HT File)

cities

Published on May 04, 2025 07:30 AM IST

ByHT Correspondent, Chandigarh

Infosys posts a marginal 1.8 percent rise in profits for financial year 2024-25

Revenues for the fourth quarter stood at ₹40,925 crore, 7.9 percent higher than ₹37,923 crore at the same time last year.

FILE PHOTO: An employees walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28, 2012. (REUTERS)

business

Updated on Apr 17, 2025 05:20 PM IST

ByHT News Desk

Indian IT firms brace for impact as tariffs fan US recession fears

USA-TRUMP/TARIFFS-INDIA-IT (PIX):Indian IT firms brace for impact as tariffs fan US recession fears

world news

Updated on Apr 04, 2025 05:12 PM IST

Reuters |

Infosys shares plunge 6% despite beating Q3 estimates, analysts raise concerns

Infosys shares dropped nearly 6% despite beating Q3 estimates, raising concerns about earnings quality

Despite exceeding third-quarter result projections, shares of India's No. 2 IT company, Infosys, dropped about 6% on Friday as analysts expressed scepticism about the calibre of results.(AFP/Idrees MOHAMMED)

business

Published on Jan 17, 2025 11:40 AM IST

Reuters |

Monthly growth tracking survey by industry body

This initiative builds on MCCIA’s earlier two-year-long monthly survey assessing post-COVID recovery, which had by the end of the survey period revealed that businesses had achieved 95-100% recovery to pre-pandemic levels

Notably, over 37% of the companies are projecting revenue growth of 20% or more, with the defence and electronic manufacturing industries contributing significantly to this optimistic outlook. (REPRESENTATIVE PIC)

cities

Updated on Dec 11, 2024 07:50 AM IST

ByHT Correspondent

AI-powered innovations make selling easier and more profitable

This article is authored by Ashutosh Prakash Singh, co-founder and CEO, Revrag.AI.

ht insight

Published on Nov 16, 2024 09:01 AM IST

ByAshutosh Prakash Singh

Former junior Swiggy employee embezzled ₹33 crore, investigation launched

Swiggy is using an external team to investigate the case and has also filed a legal complaint against the former junior employee who made off with ₹33 crore

Gig workers prepare to deliver orders outside Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024. (Priyanshu Singh/Reuters)

business

Published on Sep 06, 2024 10:50 AM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

Nestle India reported a net profit of 7.47 billion rupees for the three-month period ended June, missing analysts' estimate of 8.16 billion rupees.

A worker arranges packets of Nestle's Maggi noodles on a shelf inside a supermarket in Mumbai, India.(Reuters)

business

Updated on Jul 25, 2024 12:27 PM IST

Reuters |

Dabur India Q4 update indicates slowing revenue growth, shares fall over 4%

Dabur India Q4 update: Dabur India's shares fell over 4 percent. The stock was also the top drag on the FMCG index, which slipped 0.2% on April 4.

Dabur India Q4 update: Dabur India shares have lost 7 per cent in the last six months and 6.14 per cent in the last one year.

business

Published on Apr 04, 2024 04:13 PM IST

ByHT News Desk

Google spent ₹17,500 crore to lay off 12,000 employees

Google parent Alphabet announced plans to cut 12,000 job in January 2023, biggest in its history.

Google parent Alphabet has announced plans for further job cuts in upcoming months.(Getty Images via AFP)

technology

Published on Jan 31, 2024 10:14 AM IST

ByHT News Desk

Will resolve issues faced by BSNL: MP Arora

MP Sanjeev Arora said this is the first time that he attended the TAC meeting since he took over as MP over a year ago

cities

Updated on Jan 24, 2024 06:28 AM IST

ByHT Correspondent, Ludhiana

HCL Tech Q3 results: Net profit rises 6.2% to ₹4,350 crore

The company had posted a net profit of ₹4,096 crore in the same period a year ago, HCL Tech said in a regulatory filing.

The services revenue of HCL Tech crossed <span class='webrupee'>₹</span>1 lakh crore on run rate basis during the quarter under review.(REUTERS)

business

Published on Jan 12, 2024 07:02 PM IST

PTI |

Wipro shares buzzing as leadership uncertain; Sanjay Jalona refuses association

Informed sources told Moneycontrol that investors were actively discussing the possibility of Wipro recruiting former L&T Infotech CEO Sanjay Jalona.

This move was seen as a strategic effort to reinvigorate momentum and enhance the company's turnaround initiatives. (Bloomberg)

business

Published on Dec 26, 2023 02:21 PM IST

ByHT News Desk

Zomato Q2 Result: Net profit at ₹36 crore, revenue rises 72%, stock surges 7%

Revenue from operations was ₹2,848 crore in the quarter. In the year-ago period, it was ₹1,661 crore.

Food delivery company Zomato as seen on its app(REUTERS)

business

Published on Nov 03, 2023 04:44 PM IST

PTI |

X records single-digit percentage revenue growth, CEO Yaccarino tells lenders

X's revenue includes money earned through advertising, subscriptions and data licensing.

technology

Published on Oct 06, 2023 05:54 AM IST

Reuters | | Posted by Nisha Anand

Paint companies to log 10-12% growth in revenue this fiscal: Report

The report also said their near debt-free balance sheets will support credit risk profiles despite all major paint companies being on an aggressive capex spree.

The domestic paints sector also comprises the decorative segment, which commands 80 per cent of the market.(HT file)

real estate

Published on Apr 19, 2023 05:24 PM IST

PTI | | Posted by Yagya Sharma

Estimated GST shortfall could shrink after green shoots on revenue front

Besides positive GST collections since September, numbers of states having negative year-on-year revenue growth have also reduced from 15 in September to seven in October, Union finance ministry officials said requesting anonymity.

A comparison of revenue data between September and October this year shows that numbers of territories having negative growth on annualised basis in October have reduced by over 50%.(PTI)

india news

Updated on Nov 07, 2020 04:15 PM IST

ByRajeev Jayaswal

Indian IT services growth set for comeback in 2021, pandemic to fuel digital spends: Fitch Ratings

Pandemic will accelerate digital IT spends, it said. Most companies have reported robust deal wins that should support growth in 2021-2022, despite the revenue decline in the second quarter of 2020, said the report.

Fitch added that it expected the Indian industry to continue to take advantage of its low-cost operations and maintain its strong foothold in the global IT landscape.(REUTERS)

business

Updated on Oct 07, 2020 09:06 AM IST

New Delhi | ByPress Trust of India| Posted by Susmita Pakrasi

Starbucks’ results top estimates but coronavirus slows sales

China’s 4,292 Starbucks stores brought in 10% of the company’s revenue during the October-December period, so the closure will affect earnings, the company said. But it’s not yet clear how much of an impact there will be. Starbucks had expected full-year revenue growth in the 6% to 8% range and same-store sales growth of 3% to 4%.

Starbucks’ earnings rose 16% to $886 million in the fiscal first quarter.(Bloomberg Photo)

business

Updated on Jan 29, 2020 06:12 AM IST

Associated Press | ByAssociated Press

Weak revenue growth in capital goods mirrors the liquidity strain

On the whole, the performance was checkered. Companies with short-cycle orders in food processing or automation in sectors such as cement fared better than those with large projects in the power sector.

Weak revenue mars profit expansion, simply because fixed costs weigh on margins. Although raw material costs did not soar in absolute terms, weak capacity utilization and operating leverage impacted profitability in the June quarter. The same was true for employee costs as well.(REUTERS)

business

Updated on Aug 23, 2019 07:33 AM IST

Livemint, New Delhi | ByVatsala Kamat

SpiceJet’s yields disappoint, other income boosts profit in June quarter

It has recognized aircraft and supplemental lease rentals of ₹114 cr relating to 737 MAX planes, as other income. At the net level, SpiceJet reported a net profit of about ₹262 crore, far ahead of the Street estimate of ₹137.5 crore

SpiceJet clocked a handsome 35% increase in operating revenues, helped by capacity expansion.(Mint photo)

business

Updated on Aug 22, 2019 01:02 PM IST

ByPallavi Pengonda

Private sector salaries logged slowest growth in a decade

It is also the first time in seven years that the share of salaries in sales revenue has come down.

There was a recovery in 2016-17 and 2017-18 but that seems to have reversed last year, with inflation-adjusted sales revenue growth falling from 4.5% in 2017-18 to 3% in 2018-19.

business

Updated on Aug 21, 2019 07:32 AM IST

Hindustan Times, New Delhi | ByVineet Sachdev

The origin, evolution and growth of family businesses in India

Large family businesses have shown higher revenue growth and displayed an appetite for risk taking.

Some of the largest companies in India, for that matter the world, are family-owned and spread across industry and sector.(iSTOCK)

analysis

Published on Aug 05, 2019 07:52 AM IST

ByJanmejaya Sinha

Fall in June quarter revenue reflective of economic slide

Ten out of these – Bajaj Auto, Hero MotoCorp, Hindustan Unilever, Infosys, Maruti Suzuki, Reliance Industries, TCS, Tata Motors, Vedanta and Yes Bank reported a decline in revenue growth.

The BSE Sensex, India’s benchmark stock market indicator, has fallen by more than 2,500 points, about 7%, in the last month.

business

Updated on Aug 04, 2019 11:45 PM IST

New Delhi | ByVineet Sachdev

Deutsche Bank calls staff to cafeteria, tells them they were being laid off

JP Morgan analysts called the plan “bold and for the first time not half-baked” but questioned the credibility of execution, revenue growth and employee motivation.

business

Updated on Jul 09, 2019 01:08 PM IST

Frankfurt/Sydney/Hong Kong/New York | ByReuters

March GST collections hit a record ₹1.06 lakh crore

Average monthly GST revenue during August-March of 2017-18 was ₹89,885 crore, which rose to ₹98,114 crore during AprilMarch of 2018-19.

Average monthly GST revenue during August-March of 2017-18 was <span class='webrupee'>₹</span>89,885 crore, which rose to <span class='webrupee'>₹</span>98,114 crore during AprilMarch of 2018-19.(Mint)

business

Updated on Apr 02, 2019 09:31 AM IST

Hindustan Times, New Delhi | ByShreya Nandi

Amazon, Walmart hit by Modi govt’s refusal to extend new e-commerce rules deadline

Amazon.com Inc. and Walmart Inc. suffered a blow in India, the next frontier of e-commerce, when the government rejected requests to defer a deadline requiring online retailers to comply with tighter new rules starting on Friday.

Citrus Heights, California, USA - May 20, 2011: View at a California Walmart storefront from its parking lot. Walmart is an American public multinational corporation that runs chains of large discount department stores and warehouse stores.(Getty Images/ Representative Image)

business

Updated on Feb 01, 2019 11:18 AM IST

Bloomberg | BySaritha Rai

New H1-B visa rule change to impact IT companies, hiring of Indians

Under the proposed amendments, USCIS would first select the 65,000 visas from the cumulative pool of regular as well as advance degree holder applicants and 20,000 highly skilled H1-B visas would then be allotted among the remaining pool of unselected advance degree holder applicants.

In December 2018, the United States Citizenship and Immigration Services (USCIS) proposed reversing the process for H1-B selection favouring advance degree holders.(AFP Photo)

world news

Updated on Jan 16, 2019 04:13 PM IST

Press Trust of India | ByPress Trust of India

TCS reports 22.6% jump in profit in July-September quarter

The country’s largest software exporter TCS on Thursday reported a 22.6 per cent jump in consolidated net profit at Rs 7,901 crore in the July-September 2018 quarter, buoyed by strong demand for digital services.

Tata Consultancy Services (TCS) had posted a net profit of Rs 6,446 crore in the same period last fiscal, the company said in a statement.(Picture for representation)

business

Published on Oct 11, 2018 05:46 PM IST

Mumbai | ByPress Trust of India

The worst is yet to come: Facebook’s privacy push will erode profits for years to come

Facebook’s second-quarter results were the first sign that a new European privacy law and a succession of privacy scandals involving Cambridge Analytica and other app developers have bit into Facebook’s business.

Facebook’s fortunes shifted in under two hours as the company first reported revenue and user growth that missed expectations and then issued warnings about future growth and expenses.(REUTERS File Photo)

business

Updated on Jul 26, 2018 01:52 PM IST

Reuters | ByReuters

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revenue growth news

Latest from revenue growth

He said that the gross GST revenue collection for April 2025 marked an increase of ₹438.07 crore when compared to the gross collection of ₹2215.70 crore recorded in April 2024

Revenues for the fourth quarter stood at ₹40,925 crore, 7.9 percent higher than ₹37,923 crore at the same time last year.

USA-TRUMP/TARIFFS-INDIA-IT (PIX):Indian IT firms brace for impact as tariffs fan US recession fears

Infosys shares dropped nearly 6% despite beating Q3 estimates, raising concerns about earnings quality

This initiative builds on MCCIA’s earlier two-year-long monthly survey assessing post-COVID recovery, which had by the end of the survey period revealed that businesses had achieved 95-100% recovery to pre-pandemic levels

This article is authored by Ashutosh Prakash Singh, co-founder and CEO, Revrag.AI.

Swiggy is using an external team to investigate the case and has also filed a legal complaint against the former junior employee who made off with ₹33 crore

Nestle India reported a net profit of 7.47 billion rupees for the three-month period ended June, missing analysts' estimate of 8.16 billion rupees.

Dabur India Q4 update: Dabur India's shares fell over 4 percent. The stock was also the top drag on the FMCG index, which slipped 0.2% on April 4.

Google parent Alphabet announced plans to cut 12,000 job in January 2023, biggest in its history.

MP Sanjeev Arora said this is the first time that he attended the TAC meeting since he took over as MP over a year ago

The company had posted a net profit of ₹4,096 crore in the same period a year ago, HCL Tech said in a regulatory filing.

Informed sources told Moneycontrol that investors were actively discussing the possibility of Wipro recruiting former L&T Infotech CEO Sanjay Jalona.

Revenue from operations was ₹2,848 crore in the quarter. In the year-ago period, it was ₹1,661 crore.

X's revenue includes money earned through advertising, subscriptions and data licensing.

The report also said their near debt-free balance sheets will support credit risk profiles despite all major paint companies being on an aggressive capex spree.

Besides positive GST collections since September, numbers of states having negative year-on-year revenue growth have also reduced from 15 in September to seven in October, Union finance ministry officials said requesting anonymity.

Pandemic will accelerate digital IT spends, it said. Most companies have reported robust deal wins that should support growth in 2021-2022, despite the revenue decline in the second quarter of 2020, said the report.

On the whole, the performance was checkered. Companies with short-cycle orders in food processing or automation in sectors such as cement fared better than those with large projects in the power sector.

It has recognized aircraft and supplemental lease rentals of ₹114 cr relating to 737 MAX planes, as other income. At the net level, SpiceJet reported a net profit of about ₹262 crore, far ahead of the Street estimate of ₹137.5 crore

It is also the first time in seven years that the share of salaries in sales revenue has come down.

Large family businesses have shown higher revenue growth and displayed an appetite for risk taking.

Ten out of these – Bajaj Auto, Hero MotoCorp, Hindustan Unilever, Infosys, Maruti Suzuki, Reliance Industries, TCS, Tata Motors, Vedanta and Yes Bank reported a decline in revenue growth.

JP Morgan analysts called the plan “bold and for the first time not half-baked” but questioned the credibility of execution, revenue growth and employee motivation.

Average monthly GST revenue during August-March of 2017-18 was ₹89,885 crore, which rose to ₹98,114 crore during AprilMarch of 2018-19.

Amazon.com Inc. and Walmart Inc. suffered a blow in India, the next frontier of e-commerce, when the government rejected requests to defer a deadline requiring online retailers to comply with tighter new rules starting on Friday.

Under the proposed amendments, USCIS would first select the 65,000 visas from the cumulative pool of regular as well as advance degree holder applicants and 20,000 highly skilled H1-B visas would then be allotted among the remaining pool of unselected advance degree holder applicants.

The country’s largest software exporter TCS on Thursday reported a 22.6 per cent jump in consolidated net profit at Rs 7,901 crore in the July-September 2018 quarter, buoyed by strong demand for digital services.

Facebook’s second-quarter results were the first sign that a new European privacy law and a succession of privacy scandals involving Cambridge Analytica and other app developers have bit into Facebook’s business.

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