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Gangesh Rameshkumar

Figure it out • 8m

Today's term of the day: Fiscal Year A fiscal year is a 12 month accounting period that a company uses for financing purposes. Unlike a calnedar, it doesn't need to start on Jan 1 and end on 31st Dec. Businesses typically have their fiscal years aligned in such a way that therye able to report their peak sales during the reporting phase For example, many retail businesses prefer a fiscal year that ends on Jan 31 to capture the full holiday shopping season. Educational institutions prefer theirs to run from July 1 to June 30th, in order to align with the academic calendar and student institution payments Fiscal years are written in the following format: FY2025, which stands for fiscal year 2025. For 2024, it would have been FY2024.

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Dream Sports slipped into the red in the fiscal year ended March 2025 (FY25), reporting a net loss of ₹478.9 Cr as against a net profit of ₹1,295.3 Cr in the previous fiscal year. Its FY25 operating revenue declined 14.8% to ₹6,759.3 Cr from ₹7,933.

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Mahendra Lochhab

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India's finished steel imports rose by 22% in fiscal year 2023-24, though growth slowed in the first half of fiscal year 2024-25 after safeguards were implemented.

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Mahendra Lochhab

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In the 2021-2022 fiscal year, Jaipur's gemstone exports were $273.79 million, according to SBGL Jaipur, a 35.29% increase compared to the pandemic period.

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Sumangal Bose

Jack of all trades • 1y

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output ros

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Mahendra Lochhab

Content creator • 1y

In the 2022–2023 fiscal year, the auto components industry in India had its highest-ever turnover of $69.7 billion, a 32.8% increase from the previous year

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Mahendra Lochhab

Content creator • 1y

The value of mobile phone manufacturing in India was estimated to amount to 3.5 trillion Indian rupees in fiscal year 2023.

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Mahendra Lochhab

Content creator • 1y

Zypp electric's total revenue jumped to INR 302.6 Cr in FY24 from INR 111.5 Cr in the previous fiscal year.

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Mahendra Lochhab

Content creator • 6m

India achieved a record export of 7.85 million tonnes (7.85 million metric tons) of wheat in the 2021-22 fiscal year.

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Mahendra Lochhab

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India's furniture export market was valued at approximately $5 billion in the fiscal year 2022–2023.

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Mahendra Lochhab

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The USA accounted for about 38-40% of India's total handicraft exports during the 2020-21 fiscal year.

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