Founder - Burn Inves... • 1m
After years of financial strain, BSNL reported a net profit of ₹262 crore in Q3FY25 marking its first profitable quarter since 2007. This comes after a loss of ₹849 crore in Q4FY24. Despite this milestone, the company posted an overall loss of ₹2,247 crore for FY25. However, this represents a significant improvement a 58% reduction from the ₹5,370 crore loss in FY24. The turnaround was supported by BSNL’s highest ever capital expenditure, improved EBITDA margins, and record revenue from core operations and asset monetisation.
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Ola Electric reported consolidated loss of ₹564 crore for the Q3Fy25 as compared to ₹376 crore posted in the year-ago period. The company's revenue from operations stood at ₹1,045 crore, down from ₹1,296 crore reported in the corresponding quarter of
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Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la
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The Year of Indian Startups' IPOs Series : 1. Groww -> • Groww is planning an IPO to raise approximately ₹6,000 crore, aiming for a valuation between $6 billion and $8 billion. • In FY24, Groww reported ₹3,145 crore in revenue from operations, do
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For years, Delhivery, one of India's biggest logistics startups, was running at a loss. But FY25 changed the game. In the fourth quarter alone, Delhivery posted a profit of ₹72.6 crore - a big turnaround compared to the 68.5 crore loss in the same qu
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Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs
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