Ambuja Cements, part of the Adani Group, posted its highest-ever annual profit after tax (PAT) of Rs 5,158 crore, marking a 9% year-on-year rise. The cement maker also clocked in a record annual revenue of Rs 35,045 crore for the financial year ended March 31, 2025, up 6% from the previous year.Ambuja’s quarterly performance was…
Google might be threatened with a breakup after losing two antitrust cases, but in the meantime it can console itself with piles of money. Alphabet, Google’s parent company, posted results on Thursday that included a large jump in profit. Net income for the first quarter was $34.54 billion, up from $23.66 billion a year earlier….
Infosys, India’s second-largest IT services firm, on Thursday reported a 11.7 per cent year-on-year drop in consolidated net profit for the March quarter, which stood at Rs 7,033 crore.In the corresponding period last year, the company had posted a profit of Rs 7,969 crore.Despite the decline in quarterly profit, Infosys surpassed its full-year revenue guidance….
BENGALURU: TCS CEO K Krithivasan indicated caution mixed with optimism regarding the current demand environment even as the IT major crossed the $30-billion revenue milestone in FY25. For FY25, TCS’s revenue grew by 4.2% in constant currency compared to 3.4% in the previous year. However, for the March quarter, growth significantly slowed to 2.5% from…
NEW DELHI: India’s largest IT services firm, Tata Consultancy Services (TCS), reported a marginal 1.68% drop in consolidated net profit to Rs 12,224 crore for the quarter ended March 2025. The company’s revenue stood at Rs 64,479 crore in Q4 FY25, a 5.3% increase year-on-year, signaling moderate growth as global economic uncertainty continues to loom.For…
By Patrick Mooney, Ken Rosenthal and Sahadev Sharma CHICAGO — At first glance, the post from an X user named @Brooks_Gate seemed like something a multibillion-dollar company would ignore. It consisted of a chart that used estimated data to illustrate the percentage of revenue spent on player payroll. Rather than sitting at the top with…
NEW DELHI: Highway construction touched 10,500 km and toll collection on them crossed Rs 60,000 crore in the financial year ended March 31. Sources said while the toll collection last year was the maximum ever in the highway sector’s history, the overall construction was third-highest in the past five years.Highway construction during 2023-24 was 12,349…
1 April से नए Financial Year की शुरुआत जबरदस्त तरीके से हुई! देश में GST collection ने नए Record बनाए. Central GST (CGST) 38,100 करोड़ रुपये, State GST (SGST) 49,900 करोड़ रुपये और Unified GST (IGST) 95,900 करोड़ रुपये पहुंचा. Total Gross GST Revenue 12,300 करोड़ रुपये रहा. पिछले साल के मुकाबले GST collection में…
Dry State Gujarat: गुजरात सरकार ने GIFT सिटी (गुजरात इंटरनेशनल फाइनेंस टेक-सिटी) में शराब की बिक्री से 94.19 लाख रुपये का राजस्व कमाया है. दरअसल, राज्य में शराबबंदी लागू होने के बावजूद, GIFT सिटी में 30 दिसंबर, 2023 से शराब पीने की अनुमति दी गई है. गुजरात विधानसभा में मुख्यमंत्री भूपेंद्र पटेल ने सोमवार (24…
Follow live updates on the Trump administration here. Buried in China’s latest government budget were some numbers that add up to an alarming trend. Tax revenue is dropping. The decline means that China’s national government has less money to address the country’s serious economic challenges, including a housing market crash and the near bankruptcy of…