IPO-Bound Meritto’s FY25 Profits Surges 50X To INR 2 Cr

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SUMMARY

Meritto (formerly NoPaperForms) net profit of INR 1.9 Cr in the fiscal year FY25, up around 50X from INR 4 Lakh PAT posted in FY24

Operating revenue zoomed 31% to INR 92.3 Cr in FY25 from INR 70.4 Cr in FY24

The Info Edge Ventures-backed startup is looking to file for an INR 600 Cr IPO in the coming weeks

Info Edge Ventures-backed Meritto (formerly Nopaperforms) has posted a net profit of INR 1.9 Cr in the fiscal year 2024-25 (FY25), marking a jump of about 50X from INR…



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IPO-Bound Meritto’s FY25 Profits Surges 50X To INR 2 Cr


SUMMARY

Meritto (formerly NoPaperForms) net profit of INR 1.9 Cr in the fiscal year FY25, up around 50X from INR 4 Lakh PAT posted in FY24

Operating revenue zoomed 31% to INR 92.3 Cr in FY25 from INR 70.4 Cr in FY24

The Info Edge Ventures-backed startup is looking to file for an INR 600 Cr IPO in the coming weeks

Info Edge Ventures-backed Meritto (formerly Nopaperforms) has posted a net profit of INR 1.9 Cr in the fiscal year 2024-25 (FY25), marking a jump of about 50X from INR…



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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