👤 • 5m
Even though making lots of money from each sale is important, sometimes you need to spend more upfront to get big fast. If you only care about high margins at the start, you might miss your chance to get lots of customers or beat your rivals. So, a lower profit per sale can be okay if it helps your business grow huge in the long run
Founder - Burn Inves... • 4m
HDFC Bank shared its April June results today they posted a profit of ₹18,155 crore up 12% from last year Interest income also grew to ₹31,440 crore, though margins dipped a bit on the other hand provisions went up sharply pulling consolidated profit
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