Zomato, Paytm will show sustained PAT profitability 2-3 quarters down the line: Ashi Anand
Economic Times | 23-Sep-23
When Nykaa was listed Zomato, Paytm, all of these were highly loss-making and none of them had a clear path to profitability. Nykaa, Info Edge and EaseMyTrip were the very few digital platforms that could actually make money. When listed market participants were trying to value companies, it was a lot easier to value a company which was profit making.”
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