Hey I am on Medial • 8m
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 businesses have very high margins.They keep outperforming other businesses. Moreover, it’s the best kind of consumer retention without much marketing spend 😂
Making synthetic DNA... • 3m
🚨 The magic number: ₹800 Cr ⸻ VCs invest in businesses that can be big enough to return their entire fund. To get VCs interested, your startup must at least have the potential to reach ₹800 Cr+ in annual revenue or ₹8,000 Cr+ in market cap (assumi
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