Showing results for "#FY23"

PSBs’ dividend payout may exceed Rs 15,000 cr in FY24

PSBs earned the highest-ever aggregate net profit of Rs 1.05 lakh crore during FY23 compared to Rs 66,539.98 crore earned in 2021-22.

The profit went up drastically owing to the sharp spike in the bank’s other income for the quarter under review at Rs 1,329.72 crore (Rs 919.16

Profit after tax was Rs 1,777 crore highest ever quarterly PAT as compared to Rs 1,058 crore in Q3FY23.

Incentives and charges paid to riders accounted for 44 per cent of the overall expenditure, reports Entrackr.

In the month of December, the Company also showcased strong growth across retail, commercial lines, and rural & agribusiness.

The company cut down its losses by about 50 percent to Rs 772 crore in FY23 against Rs 1,522 crore in FY22.

In the first half of FY24, Meesho’s revenue from operations was Rs 3,521 crore with incurred losses of Rs 141 crore.

Bevco is engaged in the business of manufacturing and distribution of licensed (PepsiCo Inc.) / own-branded non-alcoholic beverages in South Africa.