Ott platform Ullu Digital's PAT (profit after tax) has decreased by 16% to ₹12.68Cr in FY24.
Ullu's IPO is going to come in 2025.
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PRATHAM
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Medial • 6m
📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses
1. Depreciation
LOL
Same story of all startups waanna be listed on BSE , NSE.
Don't give a shit about profit until want to go public.
Do profit before a year or two wanted to do IPO.
OYO has reported a profit after tax of nearly INR 100 crore ($12 million) for fisc
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Shreyas Ramdasi
Stealth • 8m
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
JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11%
JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI
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PRATHAM
Stealth • 10m
📢 WTF is EBITDA ❓🤔
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization ( Amortization in simple words is like repayment of installment/loans). It’s like looking at how much money a company makes from its core busine
Roadside momos stall makes more than a corporate employee? 😧
I) Average corporate employee salary:
Assuming Rs 30K/- starting in a Tier 2 city.
II)Momos stall owner revenue:
Plates sold in a day - 100
Average price per plate - Rs 60
Daily reven
Oyo’s Strategic Moves: IPO Acceleration ‼️
Oyo is a global travel-tech company that provides affordable rooms through its network of budget hotels, homes, etc
Recently, senior executives and lead bankers met with SEBI to discuss business performan
Zomato made ₹12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of ₹12,670 crore, including procurement and delivery costs, Zomato turned profitable with ₹351 crore profit after tax.