Adjusted Gross Revenue

Edtech firm Upgrad has reported a narrowing of loss to Rs 273.35 crore in the financial year ended March 31, 2025, according to a regulatory filing shared by market intelligence Tofler. The edtech firm had posted a loss of Rs 559.5 crore in the same period a year ago. When contacted, Upgrad said, "The profit before tax is a loss of Rs 273.75 crore, and adding back depreciation, interest, and other income, we have an EBITDA positive of Rs 15 crore." The revenue from operations of Upgrad increased by 5.5 per cent to Rs 1,569.3 crore during the reported fiscal from Rs 1,487.62 crore a year ago. On a standalone basis, Upgrad loss narrowed to Rs 333.25 crore while its revenue from operations grew 5.5 per cent to Rs 1,074.54 crore in FY'25 from Rs 1,018 crore in FY'24. The standalone total income of Upgrad increased by 4.4 per cent to Rs 1,119.62 crore from Rs 1,071.59 crore in FY'24. "Upgrad Education Private Limited operates as an online higher education company, reported its revenue

Vodafone Idea clarified that it has already addressed the AGR issue in earlier disclosures and will update exchanges only if further developments occur.

The apex court stated that Vodafone Idea had sought relief on both additional AGR dues and the reassessment of pending dues, adding that the government is free to consider relief on both

The Supreme Court, on Monday, clarified that Vodafone Idea asked for relief on both the additional and reassessment of all pending AGR dues

The Supreme Court's order to the government to reconsider the adjusted gross revenue demands is limited only to Vodafone Idea's additional dues

Motilal Oswal Financial Services upgraded the stock to a 'Neutral' rating, and upped the target price to ₹10 per share, from ₹6.5 apiece earlier

Vodafone Idea shares rose 9 per cent after Supreme Court allowed the government to reconsider the adjusted gross revenue issue

Vodafone Idea stock was trading higher for the fourth straight day, surging 10% to ₹9.62 during the period and quoting close to its 52-week high of ₹10.48 touched on January 20, 2025.

Vodafone Idea rallied 8 per cent to ₹9.20, its highest level since February 10, 2025, on the BSE in Tuesday's intra-day trade amid heavy volumes

During the company's hearing in the Supreme Court, the Department of Telecom (DoT) sought time till October 6 to come up with a resolution plan

In the past three days, Vodafone Idea share price has appreciated by 14 per cent

Shares of Vodafone Idea (Vi) hit an over four-month high at ₹8.19, gaining 7% on the BSE in Monday's intra-day trade amid heavy volumes. The stock now trades at its highest level since April 25, 2025.

FMCG firm Godrej Consumer Products Ltd (GCPL) is aiming to scale its liquid detergent business Godrej Fab over two-fold and hit an annual revenue of Rs 500 crore in FY26, said its Managing Director and CEO Sudhir Sitapati. Besides, it is also working to deepen its rural presence, premiumise portfolio in household insecticides and other segments, and to build out its new pet care business, said the latest annual report of the company. The Godrej Industries Group's FMCG arm, which entered into the fast-growing liquid detergent segment almost a year ago, has "seen strong early success, and now the goal is to unlock the next level of growth", said Sitapati in the report. "Another key bet is scaling Godrej Fab our liquid detergent to Rs 500 crore. This will require sharper distribution, increased trials and more targeted communication," he said. In just over a year, Godrej Fab has hit Rs 250 crore in annualised revenue run-rate (ARR), which is a "big win" for GCPL, which entered into

FMCG major Marico aims to be a Rs 20,000 crore company by 2030 by growing its revenue two-fold in the next five years, says its Chairman Harsh Mariwala. The company, which owns popular brands as Saffola, Parachute, and Livon, crossed the Rs 10,000-crore revenue milestone in the last 2024-25 fiscal. Terming this as an achievement, Mariwala, in the latest annual report of the company, said it is a reflection of the strength of Marico's brands and innovations, which are a vital lever in the pursuit of purposeful growth. The company is now gearing up for the next phase of transformation, aiming to achieve the next Rs 10,000 crore in revenues over the next five years. Even as we celebrate this significant accomplishment, we remain sharply focused on our next horizonscaling towards Rs 20,000 crore in revenue by 2030 guided by a clear roadmap rooted in innovation, purposeful brand building and operational excellence, said Mariwala while addressing the shareholders. Marico, which was earl

Kalyan Jewellers on Monday reported a 31 per cent year-on-year increase in consolidated revenue for the first quarter of the fiscal 2025-26, despite multiple pauses in demand, majorly due to volatility in gold prices and geopolitical tensions. The company had reported a consolidated net revenue of Rs 5,557.63 crore in the first quarter (April-June) of the 2024-25 fiscal. India operations saw 31 per cent revenue growth during Q1 of the fiscal 2025-26 compared to Q1 of the previous year, the company said in a regulatory filing. The revenue from global operations was up 31 per cent and contributed 15 per cent to the consolidated revenue in Q1. The revenue from Middle East operations was up 26 per cent driven predominantly by same-store-sales growth, while the digital platform Candere recorded 67 revenue growth during Q1 of FY26. During Q1, the company opened 10 Kalyan showrooms and eight Candere showrooms in India and one Kalyan showroom in the US. The company has drawn up plans to

Smartworks Coworking Spaces, which plans to launch IPO on July 10, has posted a net loss of Rs 63.17 crore in the last financial year despite rise in income from operations. Its net loss stood at Rs 49.95 crore in the preceding 2023-24 financial year. However, the revenue from operations rose to Rs 1,374.05 crore in the 2024-25 fiscal year from Rs 1,039.36 crore in the preceding year, according to red herring prospectus (RHP) filed by the company. Gurugram-based Smartworks currently has 48 operational centres with over 1.9 lakh seating capacities. "These losses were on account of our total income being lower than the expenses for the relevant fiscal," the company said in the RHP. Smartworks said it aims to generate and sustain increased revenue levels and decrease proportionate expenses in future periods to achieve profitability. Smartworks will hit the capital market on July 10 to launch its initial public offering (IPO). The issue will conclude on July 14. The company has rev

The government is considering extending the repayment period for AGR dues from the current six years to 20 years, while also shifting from compound to simple interest on the outstanding amount

The statement comes after the SC dismissed petitions by Vi and Airtel seeking a waiver on paying interest, penalty, and interest on penalty components as part of their long-standing AGR dues

India’s telecom giants, Vodafone Idea, Airtel, and Tata Teleservices, are in for big trouble as the Supreme Court has dismissed their latest plea for relief in the AGR dues case.

Vodafone Idea AGR Relief: According to reports, the Supreme Court, on Monday, dismissed writ petitions filed by Vodafone Idea asking the Court to direct the Government to exempt interests on AGR dues