GST
Dream11 revenue grows 66% in FY23; firm’s auditor flags impact of GST dues
Fantasy sports platform Dream11 reported a 66% year-on-year jump in its operating revenue for the year ended March 31, 2023 to Rs 6,384 crore, with its net profit for the year increasing to Rs 188 crore, compared to Rs 142 crore in FY22, regulatory filings sourced from Tofler showed. However, the company’s auditor SR Batliboi […]
Dream11 revenue grows 66% in FY23; firm’s auditor flags impact of GST dues
Fantasy sports platform Dream11 reported a 66% year-on-year jump in its operating revenue for the year ended March 31, 2023 to Rs 6,384 crore, with its net profit for the year increasing to Rs 188 crore, compared to Rs 142 crore in FY22, regulatory filings sourced from Tofler showed. However, the company’s auditor SR Batliboi […]
ETtech Explainer: The Rs 402 crore GST notice that sent Zomato’s shares tumbling
On Thursday, shares of food delivery platform Zomato bucked the trend and opened 1.7% lower despite upbeat broader markets rally to set new highs. What triggered the fall was a show cause notice for Rs 402 crore in unpaid goods and services tax (GST) issued to the company by tax authorities. What’s the latest development? […]