BHEL’s net profit more than doubles in Oct-Dec quarter
BHEL’s revenue shot up by 32.2 per cent to Rs 7,277 crore during the third quarter from Rs 5,504 in the same period of the previous year.
BHEL’s revenue shot up by 32.2 per cent to Rs 7,277 crore during the third quarter from Rs 5,504 in the same period of the previous year.
The total revenue of the country’s largest depository service company for the third quarter went up to Rs 298 crore, from Rs 236 crore in Q3FY24. The company had raked in a revenue of Rs 359 crore in Q2FY25.
LTIMindtree posted a 7.1 per cent year-on-year increase in revenue to Rs 9,661 crore but the company's net profit fell during the October-December quarter of the current financial year amid rising expenses.
The ministry expected an uptick in agricultural and industrial activity, along with resilient rural demand in the second half to keep India on a growth path towards achieving 6.4-6.8 per cent expansion by the end of the financial year.
The US accounted for 18 per cent of India's total exports in the financial year (FY) 24, as the country's exports to the world's largest economy continuously increased
Notably, this is the highest ever capital expenditure for the given time period.
"Pre-budget meetings chaired by the secretary (Expenditure) shall commence on October 10, 2022," the Budget Division of the Department of Economic Affairs said.
MCL registered OBR at 16.68 Million Cubic Meters (MCuM) in the month of June 2022 as it posted the highest ever OBR figures of 51.80 MCuM for the Q1 of FY'23 with a growth of 19.6%.
Petroleum products (113.21 per cent), Electronic goods (64.04 per cent) and Chemicals (26.71 per cent) led the way in a high increase in exports during April 2022.
Consequently, the reverse repo rate, at which the RBI borrows from lenders, stood at 3.35 per cent.
