According to finance secretary TV Somanathan, the Union Budget 2023-24 has been able to balance growth considerations through enormous boost to capital investment and infrastructure spending and individual taxpayers’ needs. The budget increased capital expenditure (capex) target by 33 per cent to Rs.10 trillion for 2023-24. Somanathan believes that the enhanced capex would provide the economic thrust needed in the face of global headwinds.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
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7.7 | +0.8 |
Consumer Sentiments Index Base September-December 2015 |
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87.9 | +0.2 |
Consumer Expectations Index Base September-December 2015 |
|
88.0 | +0.3 |
Current Economic Conditions Index Base September-December 2015 |
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87.8 | 0.0 |
Updated on : 23 Mar 2023 12:00AM |
(Rs.trillion) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
New projects | 9.01 | 5.29 | 4.50 | 6.84 |
Completed projects | 1.34 | 1.17 | 1.39 | 1.69 |
Stalled projects | 0.43 | 0.54 | 0.08 | 0.01 |
Revived projects | 0.33 | 0.29 | 0.16 | 0.68 |
Implementation stalled projects | 0.09 | 0.29 | 0.28 | 0.11 |
Updated on: 24 Mar 2023 9:28AM |
(% change) | Mar 22 | Jun 22 | Sep 22 | Dec 22 |
---|---|---|---|---|
All listed Companies | ||||
Income | 20.8 | 40.1 | 25.2 | 16.5 |
Expenses | 19.8 | 41.4 | 26.9 | 16.3 |
Net profit | 31.6 | 21.3 | -1.2 | 6.6 |
PAT margin (%) | 8.8 | 7.2 | 7.6 | 8.4 |
Count of Cos. | 4,707 | 4,749 | 4,694 | 4,482 |
Non-financial Companies | ||||
Income | 24.8 | 50.1 | 27.8 | 14.9 |
Expenses | 25.7 | 52.9 | 31.2 | 15.5 |
Net profit | 10.1 | 8.4 | -21.4 | -8.9 |
PAT margin (%) | 7.6 | 5.7 | 5.5 | 6.0 |
Net fixed assets | 2.0 | 4.1 | ||
Current assets | 15.0 | 19.0 | ||
Current liabilities | 11.6 | 10.4 | ||
Borrowings | 3.6 | 12.4 | ||
Reserves & surplus | 11.2 | 6.8 | ||
Count of Cos. | 3,408 | 3,442 | 3,425 | 3,322 |
Numbers are net of P&E | ||||
Updated on: 24 Mar 2023 9:28AM |
(% change) | FY20 | FY21 | FY22 |
---|---|---|---|
All Companies | |||
Income | 0.6 | -1.2 | 26.5 |
Expenses | 0.3 | -3.5 | 25.4 |
Net profit | -2.9 | 74.2 | 63.3 |
PAT margin (%) | 2.1 | 4.5 | 6.8 |
Assets | 8.9 | 10.7 | 9.9 |
Net worth | 4.9 | 11.8 | 14.1 |
RONW (%) | 3.5 | 7.0 | 11.3 |
Count of Cos. | 32,238 | 31,091 | 16,811 |
Non-financial Companies | |||
Income | -1.0 | -2.3 | 30.7 |
Expenses | -0.8 | -4.2 | 30.3 |
Net profit | -19.8 | 62.1 | 60.8 |
PAT margin (%) | 2.3 | 4.1 | 5.9 |
Net fixed assets | 11.5 | 2.5 | 2.4 |
Net worth | 2.2 | 10.4 | 14.6 |
RONW (%) | 4.8 | 7.7 | 12.4 |
Debt / Equity (times) | 1.1 | 1.0 | 0.8 |
Interest cover (times) | 1.9 | 2.5 | 3.9 |
Net working capital cycle (days) | 73 | 82 | 61 |
Count of Cos. | 25,483 | 24,401 | 13,909 |
Numbers are net of P&E | |||
Updated on: 19 Mar 2023 11:50AM |