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IndiaMART Reports 22% YoY Growth In Revenue In Q2 FY24

IndiaMART reported consolidated revenue from operations of Rs 295 crore in Q2 FY24, a growth of 22 per cent YoY. Consolidated profit before tax was at Rs 93 crore and consolidated net profit for this quarter was Rs 69 crore representing a margin of 28 per cent and 21 per cent respectively. Standalone revenue from […]

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Government Logistics News

Domestic Airlines Witnessed Annual Growth of 51.70% In Passenger Traffic: Scindia

Union Minister of Civil Aviation Jyotiraditya Scindia said it was a landmark achievement for India as domestic airlines witnessed an annual growth of 51.70 per cent in passenger traffic during January-March 2023 as compared to the corresponding period last year. The minister also tweeted, “This shows their growing domestic footprint and the potential to grab […]

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Logistics News

National Rail Plan Aims To Increase Rail Freight Traffic Share From 28%-44% By 2051

The National Rail Plan envisages that the share of freight traffic by rail should go up from the current share of 28 per cent to 44 per cent by 2051, Union Minister of Railways Ashwini Vaishnaw told Lok Sabha on Wednesday. The construction of Dedicated Freight Corridors (DFCs) on the important high density route is […]

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