Revenue is the amount of money that a company receives in lieu of goods sold or services rendered


The data item is calculated as the percentage change between estimated revenue for the current financial year and actual revenue for the most recently reported financial year


The data items gives an idea about the expected growth in revenue during the current financial year. It is important to note that estimate of revenue for the current financial year will change, during the year, depending on analysts estimate of the same


High revenue growth indicates that the goods or service offered by the company is found acceptable by the market and that the company is able to successfully expand its business. Over the medium term only high revenue growth will lead to greater profitability and hence a company should always seek to expand its business. Higher the expected revenue growth, the better