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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

ย โ€ขย 

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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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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.

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