AgenciesRevenue from operations of the company during the quarter under review was almost flat at Rs 2,088.80 crore as against Rs 2,075.62 crore in the year-ago period.
In FY23, Godrej Agrovet's net profit fell 29.53 per cent to Rs 295.36 crore as compared with Rs 419.15 crore in FY2021-22.
Revenue from operations of Godrej Agrovet in FY23 grew 12.78 per cent to Rs 9,352.81 crore from Rs 8,292.93 crore a year ago.
Tuesday, 09 May, 2023- Front Page
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- Govt Mulls New Framework to Put IBC Cases on Fast Track
The government is considering a creditor-led insolvency resolution mechanism under the bankruptcy law to fast-track settlement and ease the burden on the National Company Law Tribunal (NCLT), people aware of the development said.
In ‘Reverse Flip’, Razorpay Parent Returning to IndiaBengaluru headquartered digital payments firm Razorpay is in the process of moving back its parent entity to India from the US, amid tighter sectoral regulations, said two people aware of the matter.The development comes months after Walmart-owned online payments firm PhonePe shifted its holding company to India from Singapore.
GST Violations Case: MoF Refuses to Act on Insurers’ Plea, Refers Matter to IrdaiThe finance ministry has declined to intervene in a plea for relief made by the insurance industry, which is facing penal action from tax authorities for goods and services tax (GST) input tax credit violations.
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