๐Ÿš€ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐Ÿ”ฅ
Login

Back

Gangesh Rameshkumar

Figure it outย โ€ขย 2m

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.

Reply
6

More like this

Recommendations from Medial

Mahendra Lochhab

Content creatorย โ€ขย 1m

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.

Reply
3

Sumangal Bose

Jack of all tradesย โ€ขย 1y

Most important financial news of this week related to Indian Economy. ยถยฐ Indiaโ€™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. ยถยฐ Indiaโ€™s infrastructure output ros

See More
Reply
2

Mahendra Lochhab

Content creatorย โ€ขย 1y

In the 2022โ€“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

Reply
1
13

Mahendra Lochhab

Content creatorย โ€ขย 9m

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

Reply
2
Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 9m

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

4 Replies
16

Mahendra Lochhab

Content creatorย โ€ขย 13d

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

Reply
1

Mahendra Lochhab

Content creatorย โ€ขย 17d

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

Reply
2

Mahendra Lochhab

Content creatorย โ€ขย 4m

India's battery market to reach USD 22.3 billion in FY2032, with a CAGR of 13.66% during FY2025-FY2032.

Reply
1
20

financialnews

Founder And CEO Of F...ย โ€ขย 11m

Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial Tech Mahindra reported a significant rise in consolidated net profit, which more than doubled to โ‚น1,250 crore in the July-September quarter of FY2024-25. This jump was primarily dr

See More
Reply
3

gray man

I'm just a normal gu...ย โ€ขย 4m

Vedantu, the edtech startup, has announced its profitability in the fourth quarter of fiscal year 2024-25 (Q4 FY25). According to cofounder and CEO Vamsi Krishna, the company's collections saw a significant 67% year-over-year (YoY) increase, reaching

See More
Reply
1
11

Download the medial app to read full posts, comements and news.