Posts Tagged ‘FY25’
One in 5 iPhones made globally in FY25 came out of India amid record domestic sales
Apple HebbalApple As Apple India posted a record high domestic sales of $9 billion in FY25, one in every five iPhones made globally in FY25 was manufactured/assembled in India, the company filings showed. The company’s manufacturing in India contributed 12 per cent of Apple’s global production value. Apple’s sales in India accounted for just over…
Read MoreApple India Revenue Surges to $9 Billion in FY25, Sets New Record
Apple HebbalApple US tech giant Apple’s annual sales in India touched a record of nearly $9 billion in FY 2024-25, a report has said. Apple’s devices in the country saw a 13 per cent increase in sales, up from around $8 billion recorded in the previous year, highlighting rising consumer demand, according to a Bloomberg…
Read MoreNetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY25
[SINGAPORE] Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar 31, 2025. NetLink’s earnings were impacted by higher depreciation and amortisation, lower income tax credit and higher finance costs, it said in a regulatory filing on Thursday (May 15). Revenue…
Read MoreSIA posts 65% rise in net profit to S$2 billion for H2 FY25 on non-cash gain
[SINGAPORE] Singapore Airlines (SIA) posted a 65 per cent surge in net profit to S$2 billion for the second half of FY2025 ended March, boosted by the non-cash accounting gain from the Air India-Vistara merger. That one-off gain of S$1.1 billion also lifted the group’s full-year net profit to a record S$2.8 billion, against FY2024’s S$2.7 billion,…
Read MoreIndian IT industry to hit $300 bn revenue in FY26, workforce to reach 5.8 mn in FY25; Report
Indian tech industry to hit $300 bn revenue in FY26, workforce to reach 5.8 mn in FY25IANS The Indian tech industry is projected to reach $300 billion revenue in FY26, a Nasscom report said on Monday, adding that in the current fiscal (estimated), the industry will add at least 126,000 net new employees, taking the…
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