Zomato with a Rs 2.4 lakh cr mkt cap has profits of Rs 600 cr.
While Indusind bank with a 1 lakh cr mkt cap has profits of 9000 cr.
What am I missing?
Vishu Bheda
•
Medial • 4m
I miss the point that the profits of Zomato were made from investment returns and not from core business. Their core business is still operating at a loss!
0 replies1 like
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According to you what made zomato profitable in the last FY24...
According to me :-
1. Operational efficiency : Zomato reduced the cost of delivery and other over expenses too
2. Diverse revenue stream : As zomato also goes into the "Going out" b
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THREE D STRIKERS
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anyone interested in funding a running business of 3D Printing from the last 3 years with good returns.
The fact that this company is in Sensex and Nifty next is unbelievable and previously their growth was coming from 400 crore of "other" income. Market fell and so did their profits. They were not profitable in main business even in past quarter.
BlinkIt - From an acquisition carried out just to defend the food delivery business of Zomato to achieving 186% YoY growth.
The stars aligned right for Zomato.
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LIKHITH
•
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Welcome to Business Stories #3
Zomato's Case Study
■Introduction
Introduction !? ...Everybody know Zomato ;)
■Initial Phase Struggles
●Scaling: Manganing Expanding operation was a headache
●Revenue:Finding long term income sources
●Tech Issue:
I focused exclusively on trading the index this month, and fortunately, not a single stop loss was hit, thanks to God. I recognize that profits from the index are lower than those from stocks, but trading the index is somewhat easier in a competitive