The Supreme Court recently said that education should not be made a business. But on Wednesday, a report said that education and training companies stood second in terms of profit. While their profit increased by 182.4% in July-September as compared to a year ago, the profit of realty companies increased by 429.2%. A Bank of Baroda report says that the profit of companies related to agriculture increased by 97.9% while companies related to alcohol earned 74.4% more profit.
Survey of 1917 companies, sales increased, but profit fell, Infra's profit increased by 45.8%
Consumer durables profits jumped 99.9% while healthcare profits jumped 41%. Infra profit increased by 45.8% while retail profit increased by 56.4%. Trading profits registered a jump of 188.7%.
The hospitality sector in the worst loss
The hospitality sector was hit the most. Its profits have registered a decline of 254%. Paper industry profits fell 195% while photographic product profits fell 137%. Construction material companies posted a loss of 74.4%, while crude oil companies posted a 56% drop in profits. A 68% decrease in the profit of the plastic products industry and a 53.4% decline in the profit of the textile industry were recorded.
The study of 1,917 companies shows that their sales are increasing continuously but profits are affected due to high expenses. Their sales have increased by 24% to Rs 25.6 lakh crore as compared to Rs 20.6 lakh crore a year ago.
Net profit fell 5.4% to Rs 2.18 lakh crore from Rs 2.31 lakh crore a year ago. Expenditure increased from 15.81 lakh crore to 20.66 lakh crore, which is an increase of 30.7 percent.
Also Read: Central Government: Government companies go to bankruptcy court to close loss-making units
Which player in the Indian team is the hardest worker? Yashasvi Jaiswal named this player, not Kohli.
Indian team's aggressive opener Yashasvi Jaiswal revealed that Shubman Gill is a very hardworking player in the national team. Yashasvi Jaiswal surprised fans by not mentioning Virat Kohli's name.
PM Modi Rally: PM Modi will hold election rallies for Badaun-Amla and Shahjahanpur today, security tight
Prime Minister Narendra Modi will hold a joint rally on Thursday in Alampur Jafrabad in the Bhamora area of Bareilly in support of BJP candidates from Amla and Badaun Lok Sabha constituencies. After
ISRO YUVIKA 2023: Notification released for ISRO Young Scientist Program, this is how selection will be for Yuvika
ISRO YUVIKA 2023: If you also want to make your child's career in the field of space science, then this news is for you. The Young Scientist Program (Yuvika) 2023 has been announced by the Indian
'If BJP forms the government, Muslim MLAs will be thrown out of the assembly', the uproar over Suvendu Adhikari's statement.
Assembly elections are going to be held in West Bengal in 2026 and the political temperature has already risen regarding this. Meanwhile, Leader of Opposition in Bengal Suvendu Adhikari has given a
'You cannot stop the issuance of notices,' the Supreme Court told Mamata's lawyer Sibal in the I-PAC raid case.
The Supreme Court is hearing a petition filed by the Enforcement Directorate (ED) against West Bengal Chief Minister Mamata Banerjee today. The petition, filed by the ED, alleges that the Bengal
Weather Update: Many states are in the grip of severe cold and dense fog, further drop in temperature from January 5 may increase the problem.
North-west and eastern India are in the grip of severe cold and dense fog. It is extremely cold from Jammu and Kashmir to Bihar and Punjab, from Haryana to eastern Uttar Pradesh. The mercury dropped
GDP Data: The pace of growth of the Indian economy slowed down, GDP was 6.3 percent in the second quarter of 2022-23
The country's economy has grown at the rate of 6.3 percent between July and September in the second quarter of the current financial year 2022-23. In the first quarter (1st Quarter) of the financial
Lok Sabha Election: JDS once again dependent on family, dynastic politics becomes the biggest weakness of the party
The issue of dynasty politics is talked about a lot in the country's politics. Janata Dal (Secular) Party of Karnataka is also an example of this, where the entire party now seems to be dependent on a
Pushpa 2's new poster is fire, Allu Arjun shows swag, and the first half of the film is ready like this.
Some big films are going to be released in the last three months of the year 2024, which have created a tremendous buzz on social media. Among these, 'Singham Again' and 'Bhool Bhulaiyaa 3' are at the
Reasi Attack: Three Pakistani terrorists involved in Jammu attack, American M-4 rifle used; Search for terrorists continues
Three Pakistani terrorists of Lashkar-e-Taiba were involved in the attack on a bus full of devotees returning from Shivkhodi Dham. Lashkar commander Abu Hamza is also suspected to be involved in this.
