Online Revenue

Indian firms to generate 49% of revenue from digital infra by 2027: Report

Indian organisations are expected to generate as much as 49 per cent of the revenue from digitally connected products, services, and customer experiences by 2027, a report showed on Wednesday

Berger Paints Q4 net up 5.6% to Rs 220 cr; revenue up 8% to Rs 2,187 cr

Berger Paints India Ltd on Thursday reported a 5.60 per cent increase in consolidated net profit to Rs 220.29 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 208.60 crore in the January-March period a year ago, Berger Paints said in a regulatory filing. Revenue from operations was up 7.96 per cent at Rs 2,187.51 crore during the quarter as against Rs 2,026.09 crore in the year-ago period. Total expenses were at Rs 1,915.43 crore, up 9.03 per cent in Q4 FY22 as against Rs 1,756.64 crore earlier. For the full fiscal ended March 2022, Berger Paints' net profit was up 15.73 per cent at Rs 832.95 crore, compared to a net profit of Rs 719.72 crore in the previous fiscal. Its revenue from operations climbed 28.51 per cent to Rs 8,761.78 crore from Rs 6,817.59 crore in FY21. The board has recommended a dividend of 310 per cent, which is Rs 3.10 per equity share of Re 1 each for the financial year 2021-22. Shares of Berger Paints Ind

Ajmera Realty Q4 profit at Rs 14 cr; revenue jumps two folds to Rs 184 cr

Ajmera Realty & Infra India on Thursday reported 12 per cent increase in consolidated net profit at Rs 14.01 crore for the quarter ended March 2022. Its net profit stood at Rs 12.48 crore in the year-ago period. Total income rose to Rs 183.62 crore in the fourth quarter of the last fiscal year from Rs 79.78 crore in the year-ago period, according to a regulatory filing. Net profit rose to Rs 45.39 crore in the last fiscal year from Rs 30.18 crore in 2020-21. Total income surged to Rs 489.11 crore in 2021-22 from Rs 351.79 crore in the previous year. Dhaval Ajmera, Director Ajmera Realty & Infra India said: "India's real estate sector has shown significant improvement in every quarter of FY22, reinforcing growth momentum. As the pandemic begins to wane across the country, we expect the real estate sector to continue positive growth over the next few years.

Meta's India revenue up 16% to Rs 1,485 crore in FY21; net profit dips

Meta's (formerly Facebook) total income in India grew 16 per cent year-on-year to about Rs 1,485 crore in 2020-21, while its net profit dipped 6 per cent to Rs 128 crore, as per regulatory documents.

Flipkart merges depts to create singular growth org under Prakash Sikaria

Sikaria, who is Senior Vice President - Growth and Monetization, Flipkart, has been with the firm since 2015

Zoom reports staggering 369% revenue jump at $882.5 mn, set to grow further

Net Income for the fourth quarter was $260.4 million, or $0.87 per share, the company announced on Monday

Rise of ad-blocking software threatens online revenue

Mobile ad blockers have become particularly widespread in emerging markets, where people are more reliant on their smartphones to use Internet