Free cash flows have jumped nearly three times between FY20 and FY23, setting the stage for new capex cycle
Top line is vanity, the bottom line is sanity, and cash flow is reality. And, that's why I keep telling people to focus on cash flow, not the newspapers headlines and not even profitability, says Mukherjea.
Myntra is set to be profitable this time next year says CEO Ananth Narayanan, perhaps making Myntra the first VC-funded e-commerce play to hit that milestone. Narayanan in a conversation with CNBC-TV18's Syna Dehnugara also spoke about Flipkart's race with Amazon, valuation markdowns and much more.