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Zeta India's profits jump 5.4X to Rs 120 Cr on rising revenues and lower costs

YourStory LogoYourStory10h ago

Zeta India's profits jump 5.4X to Rs 120 Cr on rising revenues and lower costs - YourStory

Quick Summary:

The banking software maker saw its operations revenue climb 9.42% to Rs 893.12 crore in FY24, while total expenses decreased 4.5% to Rs 760.13 crore.

This decline is largely attributed to a tightening of costs across the board.

Other expenses saw a sharper decrease, dropping 14.6% to Rs 129.00 crore from Rs 151.06 crore.


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Zeta India's profits jump 5.4X to Rs 120 Cr on rising revenues and lower costs - YourStory (Picture 1)Zeta India's profits jump 5.4X to Rs 120 Cr on rising revenues and lower costs - YourStory (Picture 2)

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 07:06:52 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23443703

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 19 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "Zeta India's profits jump 5.4X to Rs 120 Cr on rising revenues and lower costs" was covered 10 hours ago by YourStory, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 19 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/zeta-indias-profits-jump-54x-17308773981859

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