India's direct tax collections, in gross terms, have witnessed a robust growth of 15.59 per cent year-on-year, reaching Rs 27.02 lakh crore in the financial year 2024-25, data released by the Central Board of Direct Taxes (CBDT) showed. In 2023-24, it was Rs 23.38 lakh crore.
Mumbai (Maharashtra) [India], April 25: Focus Lighting & Fixtures Limited. (NSE - FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, has been empanelled by the Electrical Wing of the Roads & Buildings (R&B) Department, Government of G
ACC Limited, the cement and building materials company under the Adani Group, has reported its highest-ever annual profit after tax (PAT) of Rs 2,402 crore for the financial year 2024-25, a 3 per cent rise from the previous year.
Adani Energy Solutions has reported a strong result in the January-March quarter and in the entire 2024-25 financial year. Kandarp Patel, CEO, Adani Energy Solutions, in a video message to stakeholders, said its revenue grew by 42 per cent year-on-year to record Rs 24,447 crore in 2024-25
In the entire financial year 2024-25, the profit after tax was at Rs 2,427 crore, excluding exceptional item of Rs 1506 crore. The net profit was up 103 per cent on a yearly basis.
The credit growth of the non-banking financial companies (NBFCs) is expected to ease to 13-15 per cent in financial year 2025 (FY25) and FY2026 from the 17 per cent in the previous two fiscals, rating agency ICRA said in a report.
The growth of the cement volume is expected to stay at 6-7 per cent during the Financial Year 2026, supported by a surge in demand from the housing and infrastructure sectors, said ICRA in a report.
In a milestone for India's rural economy, the Khadi and Village Industries Commission has achieved an unprecedented turnover of over Rs 1.7 lakh crore in the financial year 2024-25.
The central and state governments have announced Rs 3.9 lakh crore of investment in road infrastructure in the financial year 2024-25 (FY25), according to a recent report by Bank of Baroda.
Indian states are expected to see slower revenue growth in the financial year 2025-26 (FY26) compared to FY25, mainly due to weaker growth in non-tax revenue.
Jio Financial Services has reported a marginal 1.6 per cent rise in its consolidated net profit in the January-March quarter at Rs 316 crore, compared with Rs 311 crore registered in the same quarter of the previous financial year.