Net revenue

Piramal Capital and Housing Finance net revenue grows 13% to ₹1,954 crore in Q2

Bombay : Piramal Enterprises Ltd’s September quarter net revenue for its financial services business increased 13% from a year ago for ₹1,954 crores, thanks to a threefold increase in the housing loan portfolio, the company announced on Tuesday. The total loan portfolio of Piramal Capital and Housing Finance, led by Ajay Piramal, amounted to ₹53,055 […]

Net revenue

Uber bets on net income, but experts say gross would better inform investors

Uber Technologies Inc.’s plan for its financial reporting has drawn criticism from accountants, who say it may even contradict advice issued by the company’s auditor to customers. Uber Technologies Inc. said it believes it has the blessing of the Securities and Exchange Commission to release its financial results without the driver portion of passenger fares, […]

Net revenue

Gross Revenue and Net Revenue Reports: What’s the Difference?

Gross Revenue and Net Revenue Reports: An Overview Recognition and reporting of income are critical and complex issues for accountants. Many investors also report their income, and the difference between a small business’ net and gross income can have significant income tax implications if mishandled. There are many gray areas in both accounting and reporting, […]