🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Kishan Kabra
•

Guava Trees Softech Pvt • 7m

🚨Amazon India reported operating revenue of about ₹222 billion , which was a significant increase from 2021 & 2022 (₹214.62 each year) ₹187 billion directly from marketplace services in 2022. ❓Why is it still not postive in profitability after offering vast service: cashbacks, festival, offers, association with banks on cards, prime, prime shorts, etc.? Vs Softbank-backed Meesho said it became the first e-commerce unicorn to post consolidated profit after tax in the second quarter ended September 2023. The company did not disclose the amount of profit it earned in the July-September period. During the first-half period of the current financial year, the company reported narrowing of losses to Rs 141 crore and an increase in revenue by 37 per cent on a year-over-year basis to Rs 3,521 crore.

11 replies9 likes

Replies (11)

Anonymous 5

Hey I am on Medial • 7m

Amazon's profits might be hiding somewhere in the delivery truck, stuck in traffic like the rest of us in Bangalore!

1 replies

Anonymous 4

Hey I am on Medial • 7m

Scale or operations is what might be the reason.

1 replies

Anonymous 3

Hey I am on Medial • 7m

It's shocking to see how Meesho which started late (compared to amazon), doesn't charge any fees, has less aov and also doesn't have ajy other service like prime, etc could get profitable. Something is surely wrong

1 replies

Anonymous 2

Hey I am on Medial • 7m

It's shocking that even with such massive revenue, Amazon India still can't turn a profit. Maybe they’re spreading themselves too thin.

1 replies

Anonymous 1

Hey I am on Medial • 7m

Focus on long-term growth and reinvestment in customer experience justifies its current lack of profitability. They're playing the long game!

1 replies

Varun Bhatia
•

My Student Club • 7m

The reason might be they don't want to show profits, they would pay royalty and other charges in different names to the parent company where they will have to pay less taxes while Indian tax rates are quite high.

0 replies1 like

Recommendations from Medial

Tushar Aher Patil

From Nothing to some... • 5m

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

0 replies4 likes

Shreyas Ramdasi

Mechanical Engineer • 9m

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

0 replies5 likes

Mahendra Lochhab

Content creator • 5m

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.

6 replies9 likes

Mahendra Lochhab

Content creator • 1m

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

0 replies5 likes

Aman Khan

Connecting Heart And... • 11m

india's leading software exporter Tata Consultancy Services (TCS) on friday reported a consolidated net profit of Rs 12,434 crore in the fourth quarter . It was up 9% from Rs 11,392 crore a year ago.

0 replies3 likes

Anonymous

Hey I am on Medial • 9m

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

0 replies9 likes

Chamarti Sreekar

Passionate about Pos... • 2m

Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R

17 replies13 likes

Anonymous

Hey I am on Medial • 8m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

3 replies21 likes

Anonymous

Hey I am on Medial • 9m

🤯 ITC 🔥 ITC paid over Rs 1 crore annual salary to 350 employees in the financial year 2023-24 (FY24), the company said in its annual report. This is 68 more employees than the 282 employees who received over Rs 1 crore salary in the financial ye

0 replies8 likes

Vikas Acharya

Building WelBe| Entr... • 28d

Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh Agarwal Travel tech unicorn OYO estimates its profit after tax to touch Rs 1,100 crore in the next financial year 2025-26, according to projections shared by Founder Ritesh Agarwal with the c