Zomato made ₹12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of ₹12,670 crore, including procurement and delivery costs, Zomato turned profitable with ₹351 crore profit after tax.
🫡This is business .
Drishti IAS Institute achieved revenue of over ₹400 crore in FY24, with profits reaching ₹90 crore🤯.
The company's revenue has grown significantly over the past four years:
-- ₹40 crore in FY21,
-- ₹119 crore in FY22,
--
Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-
Income of Cult.fit Crosses Rs 1,000 Crore in FY24
Fitness technology company Cult.fit has achieved a major point in FY24. The company achieved a total income of over Rs 1,000 crore consistently to depict the growth trend. This major accomplishment i
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BUZZBYTE
Stealth • 2m
Noida-based edtech company PhysicsWallah’s consolidated revenue nearly tripled to ₹2,015 crore in the fiscal year ended 31 March, but its losses surged on the back of a jump in expenses.
This comes at a time when the company has been chasing aggress
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Harsh Dwivedi
•
Medial • 3m
Top News of Today: (9th October)
1) ShareChat Launches Social Media App ‘Vibely’ With Private Calling Feature
2) Zinka Logistics, the parent company of BlackBuck, reduced its losses by 33% to Rs 193.9 crore in FY24 compared to the previous year.
3)
Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue
Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop
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Havish Gupta
Stealth • 23d
Snapdeal is now almost profitable!
So Snapdeal recently released its financials, and they’ve killed it!
Their cost-reduction measures have led to their EBITDA loss dropping to just ₹16 crore in FY24, down from ₹144 crore in FY23.
While their reven
🤯Lenskart is planning to go public by the end of 2025, targeting a valuation of $7-8 billion. The company aims to raise $750 million to $1 billion through its IPO. Despite reporting a minor loss of ₹10 crore on revenues of ₹5,427 crore in FY24, Lens
•Top news today
Air India posts 60% fall in losses at ₹4,444 crore in FY24: Tata Group
Singapore oil executives face gloomy reality at APPEC 2023 amid China's economic slowdown
•Technology news
Apple's new iPhone will use Arm’s AI chip technology