Financial Year 2025. Fiscal year (fy), in finance and government, an annual accounting period for which an institution’s financial statements are prepared. In india, the fiscal year starts on the 1st of april and ends on the 31st.
For the first quarter of fiscal year 2025, canopy growth reported a gross profit of $23 million, marking a 67% increase compared to the same period last year. The assessment year is the year after the financial year in which the prior year’s revenue is assessed, tax is collected, and the itr is filed.
