HealthKart FY25 Profit Surges 3X YoY To INR 120 Cr

Share via:


SUMMARY

HealthKart’s bottom line has more than tripled on the back of a deferred tax of INR 30.9 Cr in the year under review.

The startup’s profit before tax stood at INR 94.9 Cr, up year-on-year (YoY) 158% from INR INR 36.7 Cr in the previous year

The startup’s major revenue came from its sale of products which crossed the INR 1,000 Cr mark

After turning profitable in the fiscal year FY24, Temasek-backed soonicorn HealthKart recorded an over 3X surge in its net profit to…



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.

Popular

More Like this

HealthKart FY25 Profit Surges 3X YoY To INR 120 Cr


SUMMARY

HealthKart’s bottom line has more than tripled on the back of a deferred tax of INR 30.9 Cr in the year under review.

The startup’s profit before tax stood at INR 94.9 Cr, up year-on-year (YoY) 158% from INR INR 36.7 Cr in the previous year

The startup’s major revenue came from its sale of products which crossed the INR 1,000 Cr mark

After turning profitable in the fiscal year FY24, Temasek-backed soonicorn HealthKart recorded an over 3X surge in its net profit to…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Reliance Retail’s IPO prep; SoftBank eyes new AI buys

Reliance Retail is streamlining its ops as it...

Apple Wallet order tracking improved with iOS 26, but...

With iOS 26 this year, Apple announced an...

Neon Fund Closes Fourth Fund At $25 Mn To...

SUMMARY The Fund III, which was launched in 2023,...

Popular