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Anonymous

Hey I am on Medial • 3m

zomato profits are from fd Zomato recently reported a net profit of ₹39 crore, primarily attributed to earnings from fixed deposits (FDs). Specifically, the company earned ₹252 crore from FDs while incurring an operational loss of ₹213 crore. This financial strategy has raised concerns among analysts, as it suggests that Zomato's profitability is largely reliant on interest income rather than core business operations. This approach has been characterized as a "pump and dump" strategy, where startups may present inflated profitability figures by leveraging non-operational income to mask operational losses. Such tactics have been observed in other startups as well, particularly those preparing for or recently completing an IPO.

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Dayal Singh

Founer Bistrolicious • 6m

I need a business partner for running operational team work. for a good running restaurant located in Mohali. every month sale 3.5lac and Zomato swiggy rating is 4.3 as well.

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