DeHaat Posts INR 369 Cr Profit In FY25 On Back Of Non-Cash Gains

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Peak XV Partners-backed agritech startup DeHaat turned profitable in the financial year 2024-25 (FY25), reporting a consolidated net profit of INR 369 Cr as against a loss of INR 1,133.1 Cr

However, the profitability came on the back of non-cash gain of INR 576.1 Cr in FY25 due to change in fair value of CCPS as against a loss of INR 888.4 Cr under the head in the previous fiscal year. Without this gain, the startup would have posted a loss of about INR 207 Cr in FY25.

Meanwhile, its operating…



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DeHaat Posts INR 369 Cr Profit In FY25 On Back Of Non-Cash Gains


Peak XV Partners-backed agritech startup DeHaat turned profitable in the financial year 2024-25 (FY25), reporting a consolidated net profit of INR 369 Cr as against a loss of INR 1,133.1 Cr

However, the profitability came on the back of non-cash gain of INR 576.1 Cr in FY25 due to change in fair value of CCPS as against a loss of INR 888.4 Cr under the head in the previous fiscal year. Without this gain, the startup would have posted a loss of about INR 207 Cr in FY25.

Meanwhile, its operating…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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