GST collection rose 12.6% to an all-time high of about ₹2.37 lakh crore in April. Image for representation
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Goods and Services Tax (GST) collection rose 12.6% Y-o-Y to an all-time high of about ₹2.37 lakh crore in April, reflecting strong economic activity and March-end reconciliation of books by businesses.

The GST mop-up was ₹2.10 lakh crore in April 2024 — the second highest collection ever since GST was rolled out on July 1, 2017. In March 2025, the collection was ₹1.96 lakh crore.

According to the latest government data released on Thursday (May 1, 2025), GST revenue from domestic transactions rose 10.7% to about ₹1.9 lakh crore, while revenue from imported goods was up 20.8% to ₹46,913 crore.

Also Read | Gross GST Collections up 10% in March 2025

Refunds issuance rose 48.3% to ₹27,341 crore during April.

After adjusting refunds, net GST collection rose 9.1% to over ₹2.09 lakh crore in April.

Deloitte India Partner M.S. Mani said the net GST collections crossing ₹2 lakh crore in the first month of the current fiscal year indicates a strong economic performance in the last month of the previous fiscal year as these relate to transactions in goods and services in March 2025.

“The GST collections during the month have been uniformly high in all the major producing/consuming States and have been in the range of 11% to 16%, unlike previous months where there were some large states having lower growth.

Central GST collection from domestic transactions stood at ₹48,634 crore in April, while state GST mop-up was ₹59,372 crore. Integrated GST and cess collection were ₹69,504 crore and ₹12,293 crore, respectively, from domestic transactions.

EY Tax Partner Saurabh Agarwal said the record GST collections underscore the Indian economy’s underlying strength in the face of global economic uncertainties.

“The government’s proactive measures to accelerate export and other GST refunds have eased the working capital burden on industries, a benefit likely to translate to consumers over the medium to long term,” Mr. Agarwal said.

While a potential moderation in absolute GST collections is anticipated next month due to the current global economic climate, the overall outlook for the Indian economy remains optimistic, he added.

KPMG, Indirect Tax Head & Partner Abhishek Jain said the all-time high GST collections are a strong indicator of robust economic activity.

“While this reflects ongoing recovery and growth, a significant contributor is also the year-end reconciliation process, which typically results in additional tax payments by businesses to align their returns during the year,” Mr. Jain added.

NEW DELHI: Eternal Ltd, formerly known as Zomato Ltd, the food delivery and quick commerce enterprise operating Zomato and Blinkit brands, announced on Thursday a consolidated net profit of Rs 39 crore for the quarter ending March 31, 2025. This marks a change from the Rs 175 crore profit recorded in the corresponding period last year.
The company, which adopted the name Eternal, changing from Zomato, in March, noted that the results for the recent quarters are not directly comparable with previous periods.
The organisation’s operational revenue reached Rs 5,833 crore in the January-March quarter, up from Rs 3,562 crore in the previous year’s corresponding period, according to their regulatory submission.
The company’s total expenditure amounted to Rs 6,104 crore during the review period. The quick commerce venture Blinkit experienced increased losses, as indicated in the regulatory documentation.
The organisation’s revenue segments comprise India food ordering and delivery, Hyperpure supplies, Blinkit quick commerce, District dining services, and additional miscellaneous segments.
“On August 27, 2024, Eternal Ltd (Formerly known as Zomato Ltd) completed the acquisition of Orbgen Technologies Pvt Ltd (OTPL), and Wasteland Entertainment Pvt Ltd (WEPL), holding the Movies Ticketing business and Events business respectively, from One 97 Communications Ltd (OCL).”
“These acquisitions were executed through a combination of secondary share purchases from OCL amounting to Rs 758 crore (for both the entities) and primary infusion into the OTPL and WEPL amounting to Rs 1,260 crore. This amount was subject to adjustments as agreed in definitive agreements. Post adjustment, the total purchase consideration amounts to Rs 2,014 crore,” the company said.
Whilst the corporate entity and stock ticker have been renamed to Eternal, the food delivery service continues to operate under the Zomato brand name and application.

Global travel tech firm OYO on Thursday (May 1, 2025) said it plans to enter the food and beverage business with in-house kitchens and Quick Service Restaurant (QSR) carts at its company-serviced hotels.

The QSR initiative, under brand name ‘Townhouse Cafe’, will focus on the ‘Townhouse by OYO’ branded hotels. It will cover 1,500 company-serviced hotels during the first phase of the programme in FY2025-26.

Besides, guests can order meals through online platforms, including the OYO app and website, as well as online travel agents, by selecting the “Kitchen Services” option.

The kitchen setup would vary from a full-fledged commercial kitchen for an extensive menu or a pantry setup for essential food items, based on the individual hotel profile and back-end infrastructure.

“The F&B initiative is a result of consistent consumer feedback that the hotels should provide in-room dining options as well. The programme is expected to increase customer satisfaction scores.

“OYO is expecting F&B to contribute 5-10 per cent additional revenue at the hotel level on a stable state basis,” the company stated.

To test the concept, OYO launched a pilot programme since January this year across 100 company-serviced hotels in cities such as Delhi, Gurugram, Hyderabad and Bengaluru.

According to the company, the successful implementation of this pilot has paved the way for the nationwide rollout in the upcoming fiscal year.

“The initiative aims to enhance the in-hotel dining experience for guests by offering fresh, convenient, and quality meal options across its network.

“…OYO is developing a network of trusted F&B experts in key cities such as Delhi, Mumbai, Bengaluru, Hyderabad, Pune, Indore, Kolkata, Jaipur, and Lucknow,” Varun Jain, Chief Operating Officer at OYO, said.