Search For "fy24"
India set for 12-fold increase in energy storage capacity to 60 GW by FY32
Updated : 1 year, 3 months ago IST
This will surpass the growth anticipated for renewable energy sources themselves. The country's energy storage landscape is evolving rapidly, with the proportion of RE projects incorporating storage solutions increasing significantly, from 5 per cent in FY20 to 23 per cent in FY24.
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Indian companies' revenue surge in FY24 however wage growth of employees m
Updated : 1 year, 3 months ago IST
Around 4,000 listed companies in India reported a 6 per cent growth in revenue or gross sales during the financial year 2024, according to a report by the State Bank of India (SBI).
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Indian auto components industry sees 11.3 pc growth in H1 FY25: Report
Updated : 1 year, 3 months ago IST
The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments.
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India's exports to US touch USD 77.5 bn in FY24, growing at 10.3 % CAGR ov
Updated : 1 year, 3 months ago IST
Notably, the growth in exports to the USA was higher than aggregate exports until FY00. However, the global financial crisis in 2008 slowed down growth until FY10.
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Health Insurance share in non-life surged to 37.1% in FY24 from 24.6% in F
Updated : 1 year, 3 months ago IST
Health insurance in India saw significant growth in recent years, its share in the non-life insurance segment surged to 37.1 in FY24 per cent from 24.6 per cent, according to a report by Axis Securities.
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India's hotel Industry to grow at 9% CAGR against demand of 12%c CAGR: Rep
Updated : 1 year, 3 months ago IST
The report forecasts a 12 per cent compound annual growth rate (CAGR) in demand for FY24-27E, compared to a more restrained 9 per cent CAGR in supply.
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RBI cuts CRR by 50bps to infuse Rs 1.15 lakh crore in the banking system
Updated : 1 year, 3 months ago IST
By this, 1.15 lac crore liquidity will be infused into the backing system. Governor Das outlined the inflation projections for FY24-25, pegging Consumer Price Index (CPI) inflation at 4.8 per cent. Quarter-wise, inflation is forecasted at 5.7 per cent for Q3 and 4.5 per cent for Q4. For F
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Teerth Gopicon Limited Achieves Exceptional EBITDA Growth Of 202 Percent I
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], November 9: Teerth Gopicon Limited, an EPC contractor specialising in civil, electrical, and mechanical infrastructure, has announced its unaudited financial results for H1 FY24-25.
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M&M Q2 profit jumps 35 pc, leads market in SUVs, LCVs and tractors
Updated : 1 year, 4 months ago IST
The company, which leads the Indian market in SUVs, light commercial vehicles (LCVs), tractors, and electric three-wheelers, also posted a consolidated revenue of Rs37,924 crore, marking a 10 per cent growth over Q2 FY24.
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Simplilearn Impressively Cuts EBITDA Losses by 75% as FY24 Revenue Reaches
Updated : 1 year, 4 months ago IST
Bangalore (Karnataka) [India], November 7: Simplilearn, a global leader in digital upskilling, has achieved a major financial milestone in FY24, demonstrating substantial progress with a significant EBITDA margin improvement. The company reduced losses by 75 percent from FY23 while achieving
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Residential real estate gains momentum, new markets and premium launches d
Updated : 1 year, 4 months ago IST
The Indian residential real estate sector has witnessed a strong surge in recent years, with the top 15 listed developers reporting a Compound Annual Growth Rate (CAGR) of 43 per cent in pre-sales from FY21 to FY24, reaching Rs 1.2 trillion, according to the Axis Capital report.
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Lakshita increases footprint across India: Targeting 100 Exclusive Brand O
Updated : 1 year, 5 months ago IST
New Delhi [India], October 19: Lakshita, a leading name in ethnic and fusion wear, is actively expanding its presence across the Indian fashion landscape, aiming to reach a milestone of 100 Exclusive Brand Outlets (EBOs) by the end of FY 2024-25. As we further increase our presence in the No
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