India Business News: Dalmia Bharat reported a 29% increase in third-quarter profit on Wednesday, boosted by steady infrastructure demand. The New Delhi-based company's con
Jio Platforms Ltd, RIL’s digital arm, made an 11.6 per cent rise in net profit at Rs 5,445 crore during the December quarter (Rs 4,881 crore last year) and a revenue of Rs 32,510 crore (Rs 29,195 crore).
Delta Corp, an online gaming and casino firm, contested a GST demand of over Rs 23,200 crore, deeming it arbitrary and contrary to laws, hence not provisioning for it. Their Q3FY24 reported a 59% decrease in net profit at Rs 34.48 crore, with a reduced income from operations at Rs 181.54 crore. Show cause notices from tax authorities alleging GST short payments led to legal action by Delta Corp and its subsidiaries, securing stay orders from High Courts.