Revenue
- Business
EaseMyTrip logs Rs 15 crore in net loss in Q4, revenue surges 41 pc
New Delhi: Online travel company EaseMyTrip on Friday reported a net loss of Rs 15 crore in the January-March quarter of the last fiscal year (FY24), as against a profit of Rs…
- Business
Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi: Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore. The decline, said the…
- Business
86 pc of executives globally have already deployed AI to enhance revenue: Report
New Delhi: Over 98 out of 10 (86 per cent) of senior business leaders globally have already deployed artificial intelligence (AI) to enhance existing revenue streams or create new ones, a new…
- Technology
Freo achieves profitability, records Rs 350 cr revenue in FY24
New Delhi: Digital banking platform Freo on Monday said it has achieved profitability and reported gross revenue of Rs 350 crore for FY24. The company mentioned that it has been profitable for…
- Business
Apple’s India revenue up 42% to $8.7 bn in 2023: Morgan Stanley
New Delhi: Apple’s revenue in India rose nearly 42 per cent (on-year) last year to $8.7 billion, foreign brokerage Morgan Stanley said in a report on Friday. According to the report, iPhone…
- Business
Nazara Tech logs highest ever quarterly revenue at Rs 320.4 cr, PAT up 47%
New Delhi: Online gaming major Nazara Technologies on Tuesday reported 2 per cent growth in revenue in Q3 FY24 to Rs 320.4 crore as against Rs 314.8 crore in Q3 FY23. EBITDA…
- Business
Spotify reaches 236 mn premium subscribers, revenue up 16%
New Delhi: Swedish music streaming platform Spotify on Tuesday said it now has 236 million premium subscribers, a 4 per cent increase over the last quarter. Monthly active users grew 23 per…
- Business
IPO-bound Swiggy’s losses widen to Rs 4,179 cr in FY23, revenue up 45%
New Delhi: Online food delivery platform Swiggy’s net losses expanded to reach Rs 4,179 crore in the financial year ended March 31, 2023. The IPO-bound Swiggy’s operating revenue jumped around 45 per…
- Business
Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off
San Francisco: Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million on employee severance charges for…
- News
Intel reports $15.4 bn in revenue in Q4, profit reaches $2.66 bn
New Delhi: Chip-maker Intel has registered $15.4 billion in revenue in its fourth quarter (Q4) of 2023, up 10 per cent year-over-year (YoY). The full-year revenue was $54.2 billion, down 14 per…
- Business
Byju’s revenue reaches Rs 5,298 cr in FY22, losses surge to Rs 8,370 cr
New Delhi: The edtech major Byju’s on Tuesday announced its audited FY22 financial results after much delay, registering operating revenue of Rs 5,014 crore while losses surged to Rs 8,370 crore in…
- Business
Edtech firm Adda247 posts 4X surge in losses in FY23, revenue up over 88%
New Delhi: Google-backed edtech platform Adda247 has posted a four times surge in its losses to Rs 110 crore in FY23 as compared to Rs 28 crore in FY22. Adda247’s revenue from…
- Business
Byju’s-onwed Aakash profit up by 82%, crosses Rs 1,400 cr revenue in FY22
New Delhi: While edtech major Byju’s has recently made headlines for all the wrong reasons, the company-owned Aakash Educational Services has saw its profit increase by 82 per cent to Rs 79.5…
- Offbeat
Has Starbucks rebranded itself to evade boycott amid war on Gaza?
After Starbucks reported a global loss of business to the tune of 11 billion US dollars, amid the pro-Palestine campaign and global boycott of Israeli-linked companies, several social media posts suggest that…
- Business
Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%
New Delhi: Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 crore in profit in FY23 as compared to Rs 31 crore in FY22,…