The turnover of Aditya Vision for the fiscal year 2023 (FY23) stood at Rs 13,252 million.
Understanding Turnover
Turnover, often used interchangeably with revenue, represents the total amount of money generated by a business from the sale of its goods or services over a specific period. It is a key indicator of a company's sales performance and operational scale. For Aditya Vision, this figure reflects their total income from sales of electronics and home appliances.
Aditya Vision's Revenue Performance
Aditya Vision has demonstrated consistent growth in its revenue over recent years. The company's revenues have significantly increased, indicating expanding operations and market presence.
Here's a breakdown of Aditya Vision's turnover figures:
| Fiscal Year (FY) | Turnover (Rs Million) | Growth vs. Previous Year |
|---|---|---|
| FY19 | 5,640 | - |
| FY22 | 9,006 | - |
| FY23 | 13,252 | 47.1% |
- In FY23, the company's revenue reached Rs 13,252 million, marking a substantial increase of 47.1% compared to the Rs 9,006 million reported in FY22.
- Over the past five years, from FY19 to FY23, Aditya Vision's revenue has grown from Rs 5,640 million to Rs 13,252 million.
- This impressive growth translates to a Compound Annual Growth Rate (CAGR) of 23.8% over the five-year period, highlighting a robust upward trend in the company's financial performance.
For further detailed analysis of Aditya Vision's financial performance, you can refer to annual reports and financial analyses available on reputable financial platforms like Equitymaster.
