According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, over 25 times higher than the extraordinarily difficult previous fiscal year.
Mumbai (Maharashtra) [India], May 9: Star Housing Finance Limited (Star HFL), a BSE-listed company (BSE Scrip code BOM: 539017) has maintained its growth trajectory in the retail home finance space and has resultantly reported robust business and financial performance for the fiscal year
Mumbai (Maharashtra) [India], May 8: Greaves Cotton Limited, one of India's leading diversified engineering companies, has reported standalone revenues of INR 481 crores for the fourth quarter of fiscal year 2024, an increase of 10% y-o-y. The Company has reported an improvement in standalon
Gurugram (Haryana) [India], May 8: SRF Limited, a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates, today announced its consolidated financial results for the fourth quarter and year ended March 31, 2024. The company's audited result
India's exports of medical consumables and disposables have surged by approximately 60 per cent to USD 1.6 billion in the fiscal year 2022-23 from USD 1.08 billion in 2019-20, according to data shared at the Meditech Stackathon 2024 held on May 7 in Delhi.
The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth quarters of FY25 but lower for the second and third quarters.
According to a press release by the Ministry of Coal, moreover, the index for the entire FY 2023-24 has seen a notable surge of 7.5 per cent over the previous fiscal year.
AGEL reported robust financial results for the fourth quarter of the fiscal year 2023-24. Executive Director Sagar Adani provided commentary on the company's performance and outlined its strategic initiatives for the future.
Mumbai (Maharashtra) [India], May 3: Tata Projects, one of the leading Indian Sustainable Technology-led Engineering, Procurement, and Construction (EPC) company and part of the world-renowned Tata Group, announced its financial results for the fiscal year.
Maharashtra has emerged as the top state, surpassing Karnataka in total money flow for the fiscal year 2023-24 in terms of private equity investments (PE funds) in India. In 2022-23, Karnataka has topped the list for maximum PE investments in the state.
India's GDP is projected to grow at 7.8 per cent in the just-concluded financial year 2023-24 and forecast is of around 6.6 per cent in each of the following two fiscal years, according to OECD's latest Economic Outlook. However, global near-term developments pose obstacles to higher growth.
The substantial jump in interest payments to PKR 5.52 trillion from PKR 3.58 trillion in the corresponding period last year contributed significantly to this widening deficit.