Rs.170 billion released as GST compensation for states/UTS

The Ministry of Finance has released an amount of Rs.170 billion to states and union territories (UTs) towards the balance goods and services tax (GST) compensation for the period April to June 2022. With this, the government has released, in advance, the entire amount of cess estimated to be collected in 2022-23 available for payment of compensation to states. Nearly Rs.1.2 billion has been released as compensation during the fiscal so far. The ministry further stated that this is despite the fact that total cess collection till October 2022 was only Rs.721.5 billion. The balance of Rs.435.2 billion has been released by the Centre from its own resources.

References
1. https://www.pib.gov.in/PressReleasePage.aspx?PRID=1878840
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.3 +0.7
Consumer Sentiments Index
Base September-December 2015
84.9 0.0
Consumer Expectations Index
Base September-December 2015
84.0 0.0
Current Economic Conditions Index
Base September-December 2015
86.4 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Mar 22 Jun 22 Sep 22 Dec 22
New projects 8.68 5.20 4.42 6.68
Completed projects 1.33 1.18 1.36 1.62
Stalled projects 0.43 0.53 0.07 0.01
Revived projects 0.33 0.29 0.12 0.32
Implementation stalled projects 0.09 0.29 0.26 0.11
Updated on: 08 Feb 2023 9:28AM
Quarterly Financials of Listed Companies
(% change) Mar 22 Jun 22 Sep 22 Dec 22
All listed Companies
 Income 20.8 40.1 25.1 19.2
 Expenses 19.8 41.4 27.1 20.0
 Net profit 31.6 21.1 -1.5 3.2
 PAT margin (%) 8.8 7.2 7.8 9.7
 Count of Cos. 4,686 4,704 4,585 1,628
Non-financial Companies
 Income 24.8 50.1 27.9 17.8
 Expenses 25.7 52.9 31.5 19.8
 Net profit 10.1 8.4 -21.1 -14.2
 PAT margin (%) 7.6 5.7 5.6 7.1
 Net fixed assets 2.0 4.1
 Current assets 15.0 19.1
 Current liabilities 11.6 10.4
 Borrowings 3.6 12.8
 Reserves & surplus 11.2 7.6
 Count of Cos. 3,398 3,424 3,375 1,200
Numbers are net of P&E
Updated on: 08 Feb 2023 9:28AM
Annual Financials of All Companies
(% change) FY20 FY21 FY22
All Companies
 Income 0.6 -1.4 26.0
 Expenses 0.3 -3.6 24.9
 Net profit -3.0 74.5 63.3
 PAT margin (%) 2.0 4.5 7.2
 Assets 8.9 10.7 9.9
 Net worth 4.8 12.0 14.0
 RONW (%) 3.4 6.9 11.5
 Count of Cos. 31,839 30,688 14,155
Non-financial Companies
 Income -1.1 -2.5 30.7
 Expenses -0.9 -4.4 30.4
 Net profit -20.5 62.4 61.3
 PAT margin (%) 2.3 4.0 6.2
 Net fixed assets 11.4 2.4 2.1
 Net worth 2.1 10.6 14.5
 RONW (%) 4.7 7.6 12.7
 Debt / Equity (times) 1.1 1.0 0.8
 Interest cover (times) 1.9 2.5 4.0
 Net working capital cycle (days) 73 82 59
 Count of Cos. 25,106 24,021 11,477
Numbers are net of P&E
Updated on: 04 Feb 2023 5:32PM