Fiscal Year

RECENT NEWS
Forbes  Mar 18  Comment 
CEO Hubert Joly attributed the topline growth and margin improvements seen during the year to their investments in inventory availability, multi-channel execution and a more targeted marketing approach. However, industry and economic pressures...
MarketWatch  Mar 12  Comment 
Corporate tax receipts are up 23% in the first five months of the government’s budget year, despite taking a sharp fall in February, according to the latest Treasury Department data.
The Hindu Business Line  Mar 9  Comment 
Slump in industrial and services sectors offset gains in agri sector in FY ’14
Reuters  Feb 28  Comment 
India is expected to provide 1.24 trillion rupees ($20.11 billion) in food subsidies for the fiscal year 2015/16, according to the budget proposal presented by Finance Minister Arun Jaitley on Saturday.
Reuters  Feb 28  Comment 
India's gross borrowing is expected to be 6 trillion rupees ($97.33 billion) for the fiscal year 2015/16, according to the budget proposal presented by Finance Minister Arun Jaitley on Saturday.
Reuters  Feb 26  Comment 
* FY operating margin, at current rates of exchange, grew by more than 50 basis points to 38.7 pct
WA Business News  Feb 20  Comment 
East Perth-based financial services group Pioneer Credit has delivered an interim profit after tax of $1.6 million, but said it is still on track to achieve a FY15 profit of $6.6 million in its first full financial year as a publicly listed company.




 

Fiscal Year (FY) refers to a twelve-month period, often not parallel with the calendar year, over which a company budgets and records its spending and revenues.

Fiscal years are referred to by the their closing date: if a company's fiscal year ended in June of 2008, for instance, "FY08" or "FY2008" would be used to refer to the time from June 2007 to June 2008.

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