Many assume most of the small businesses in India don't make money, which is true as 30% of Indian SMBs don't.
But there is an interesting trend, that has shaped in the last 12 months. Indian business ecosystem has added "500k" businesses to the 1
ITC Q2 results
Overall Performance
Revenue: ₹20,360 Cr
Profit: ₹6,314 Cr
Margin: 31%
Cigarettes Segment Numbers
Revenue: ₹8,177 Cr
Profit: ₹5,023 Cr
Margin: 61% 🤯
Cigarettes constitute 40% of the revenue and 80% of the profits.
High dopamine bu
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1 replies4 likes
Aarihant Aaryan
Stealth • 7m
Starbucks in India:
1000 cr revenue with 300 stores - assuming avg sales per store in a year around 3 crores 33 lakhs
Starbucks in the USA:
2.88L cr with 16,400 stores - assuming avg sales per store in a year around 17.5 crores
Still a long way
Zomato’s Gold Rush
Revenue in FY 2013:
Zomato: 11Cr
Dominos’ India: 1,407 Cr
Revenue in FY23:
Zomato: 7,079 Cr (700x)
Domino’s India: 5,200Cr (3.5x)
Domino’s India took a whopping 27 years to reach 0.75 of Zomato’s Revenue.
Is Zomato selling
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6 replies22 likes
Mahendra Lochhab
Stealth • 1m
Karwa Chauth alone will generate ₹22000 crore worth business across India: CAIT reveals data
The number is way over ₹15,000 crore revenue that was made last year
1 replies5 likes
Harsh Dwivedi
•
Medial • 9m
Top news from today-
1. Neodocs bags $2M
2. Zomato posts 138 Cr profit PAT.
3. Infra.Market’s revenue scales to Rs. 11,846 Cr in FY23 up from Rs. 1240 Cr in 2021.
4. EV financing startup Vidyut raised $5M in series A.
5. DailyHunt’s parent Verse
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4 replies30 likes
Mr Z
Stealth • 6m
Ok guys! What do you think which asset gives maximum returns in last 1 year?