Cina Blog

Tag: FY23

  • Regardless of windfall tax on oil, excise obligation receipts contract in FY23

    New Delhi: Regardless of imposing a windfall tax on the tremendous income of oil explorers and refiners, the central authorities’s excise obligation collections from petroleum sector have proven a contraction of over ₹71,800 crores or 18% in FY23 owing to discount within the obligation price introduced in the beginning of final fiscal, confirmed the provisional…

  • Balaji Telefilms studies 76% soar in revenues in FY23

    Ektaa Kapoor-owned movie, tv and internet manufacturing home Balaji Telefilms stated its tv income surged 44% in FY23 to Rs. 344 crore in comparison with the earlier 12 months. The corporate reported a 76% year-on-year enhance in income to ₹593 crore in the course of the 12 months. The corporate stated its group degree Ebitda…

  • Microfinance portfolio grows 21% in FY23, exhibits Sa-Dhan knowledge

    MUMBAI : India’s microfinance sector has recorded an total portfolio development of 21% throughout 2022-23, as per knowledge from business physique Sa-Dhan.   As per the quarterly report of Sa-Dhan, there was an across-the-board development amongst all types of microfinance gamers in FY23. Aside from banks (aside from small finance banks), all different establishments recorded double-digit…

  • NHAI awards 6,003 km of freeway tasks in FY23: report

    The infra venture awarding exercise picked up and gathered tempo in This autumn of FY23, with NHAI awarding complete tasks of 6,003 km in FY23, a lot under its FY23 goal of 6,500 km, Motilal Oswal Monetary Companies mentioned in a report.  In accordance with the report, the entire complete worth of tasks awarded by…

  • Indus Towers revenue drops 23% to Rs1,399 crore in This fall FY23

    NEW DELHI : Indus Towers reported a 23% fall in revenue for the quarter ended March 2023 to ₹1,399 crore versus ₹1,828 crore in the identical quarter within the earlier monetary yr, whereas revenues declined by 5% within the interval to ₹6,752 crore from ₹7,116 crore.  “We ended the yr on a constructive notice with…

  • SECI information over 59% bounce in RE energy buying and selling quantity in FY23

    NEW DELHI : State-owned Photo voltaic Power Company of India Restricted (SECI) on Monday introduced that it has traded over 35 BU (Billion Items), a bounce of over 59% in its Renewable Power energy buying and selling quantity throughout FY 2022-23 over the earlier yr.  Throughout the yr, Photo voltaic Power Company of India Restricted’s…

  • Every day music streams in India contact 460 million in FY23: Report

    Digital has emerged as a big contributor to the expansion of the music trade in India with day by day streams seeing a surge of 1.6 instances to succeed in 460 million in FY23, in response to a report by Redseer Technique Consultants, a tech and data-driven consultancy agency. General, the music trade was witnessing…

  • NBFCs’ schooling mortgage AUM anticipated to develop 35-40% in FY23, says Crisil

    New Delhi: Non-banking monetary corporations’ (NBFCs) schooling mortgage belongings below administration (AUM) are prone to develop 35-40% to ₹35,000 crore within the present fiscal, pushed by specialised enterprise fashions and an increase in college students finding out overseas, in keeping with ranking company Crisil on Thursday. Though schooling loans by NBFCs are anticipated to extend…

  • SUVs prime attract PVs as auto gross sales climb in FY23

    New Delhi: Vehicle gross sales throughout segments in FY23 grew from the yr earlier, information launched by the Society of Indian Vehicle Producers (SIAM) on Thursday confirmed. Nevertheless, the passenger autos section, pushed by sport utility autos (SUVs), noticed gross sales above pre-pandemic ranges. Nevertheless, SIAM expects non-passenger automobile class to do much better in…

  • Indian passenger automobile gross sales grew 26.7% in FY23, knowledge reveals

    Passenger autos gross sales in India grew by 26.7% within the fiscal yr 2022-23, auto business physique mentioned. As per the most recent knowledge of Society of Indian Car Producers (SIAM), home wholesales of passenger autos had been at 38,90,114 models, as in comparison with 30,69,523 models within the earlier yr. In line with it,…