Revenue
- 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,…
- Business
Unacademy’s losses down 40% in FY23, revenue grows 26%
New Delhi: Edtech company Unacademy’s losses decreased by about 40 per cent in FY23, as its revenue grew at 26 per cent in the fiscal year ending March 2023. To reduce losses,…
- Business
Snapdeal logs Rs 388 cr revenue in FY23, reduces losses by 45%
New Delhi: E-commerce platform Snapdeal has registered Rs 388 crore in revenue in FY23, as it significantly reduced losses by 45 per cent to Rs 282 crore in the last financial year,…
- World
Musk to donate X’s advertising revenue to war-torn Gaza, Israel hospitals
New Delhi: Elon Musk has announced that his X Corp will donate all revenue from advertising and subscriptions associated with the ongoing war in Gaza to hospitals in Israel and the Red…
- Business
Spinny’s losses swell to Rs 820 cr in FY23, revenue surges 30X
New Delhi: Used car retailing platform Spinny’s losses swelled 67.3 per cent to Rs 820 crore in FY23 from Rs 490 crore in FY23. The advertising-cum-promotion, information technology, legal-professional, and other overheads…
- Business
Dunzo posts loss of Rs 1,800 cr, revenue at Rs 226 cr in FY23
New Delhi: Cash-strapped Dunzo has posted a loss of Rs 1,800 crore in FY23, a 288 per cent increase from the previous year, according to its consolidated financial statements filed with the…
- Business
Edtech platform Cuemath’s losses up, sales dips over 18%
New Delhi: Google-backed edtech platform Cuemath’s losses went up by 8.3 per cent to reach Rs 235 crore in FY23, from Rs 217 crore in FY22. The startup’s revenue from operations nosedived…
- Business
Snap sees $368 mn net loss as Snapchat reaches 406 mn daily active users
New Delhi: Snap, the parent company of Snapchat, posted a net loss of $368 million for the quarter ended September 30, which is slightly better than the year-ago period but the company…
- Business
ChatGPT’s revenue growth slows down as mobile app downloads grow
New Delhi: OpenAI’s ChatGPT is seeing a slow down in its revenue growth, an indication that the AI chatbot is nearing saturation in terms of how many users are willing to pay…
- Business
Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023: Report
New Delhi: The Indian IT industry is expected to see moderate revenue growth of 3 to 5 per cent in FY2024, lower than 9.2 per cent (year-on-year) growth in FY2023, a new…
- Business
Hero MotoCorp logs higher revenue, profit on lower sales volume
Chennai: Despite selling a lower number of vehicles during the first quarter of FY24, two wheeler major Hero MotoCorp Ltd logged higher revenue and net profit. In a regulatory filing on Thursday,…
- Business
You need 15 mn impressions, 500 followers to earn money on Musk’s X
New Delhi: As Elon Musk rolled out its ads revenue programme for creators globally including in India, one needs to be subscribed to X Blue (earlier Twitter Blue), have at least 15…
- Business
Coforge logs 21.4% increase in revenue, net employee headcount up 1,000
New Delhi: Global IT solutions organization Coforge on Thursday reported 21.4 per cent increase in revenue (year-on-year) for the first quarter of FY24, saying that net headcount increased by 1,000 employees during…
- India
Uttar Pradesh has immense possibilities, says CM Yogi Adityanath
Lucknow: Theft of revenue is a national loss and there is a need to raise awareness to prevent attempts to evade GST, Uttar Pradesh Chief Minister Yogi Adityanath said on Saturday as…
- Business
Videotex aims to reach Rs 500 cr in revenue by March 2024
New Delhi: Consumer electronics contract manufacturer Videotex on Thursday said it aims to achieve Rs 500 crore in revenue by the end of the ongoing fiscal year. Videotex, which currently manufactures over…
