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    • IPO-bound startups race to turn profitable ahead of listing as investors turn more selective

      Several companies have tightened costs ahead of filing, with many leaning on tax credits, one-time gains and accounting boosts to present cleaner earnings as public-market scrutiny intensifies.

    • Cracks deepen in cement firms’ profitability after pricing pressure

    • PhonePe diversification strategy pays off, high revenue growth likely to sustain

      Consistent and sustainable profits at the payments division will probably help the company list publicly within a couple of financial years

    • A bumper business growth won’t bring margin relief for private life insurers

      July saw business growth at high double digits for most private sector life insurers

    • As team captain, I need to field the best one to win: Freshworks CEO Girish Mathrubootham

      Freshworks has seen some management rejig and internal consolidation in the past year with the firm’s CTO departing at the beginning of 2023 and the company’s CRO Pradeep Rathinam leaving the firm in Q4.

    • Chart of the Day | The sticky problem plaguing IT services sector

      Employee costs remain elevated despite a moderation in revenue growth

    • Meesho turned profitable in July on a PAT basis, says CFO

      While Dhiresh Bansal did not comment on specific numbers, Meesho’s PAT was a low single digit (Rs crore) in July, Moneycontrol has learnt.

    • Sustained price hikes to aid profit margins of pharma companies

      In the 12 months ending June 2023, price hikes contributed as much as half of the India pharma market growth

    • IndiGo aims to grow north of mid-teens this FY, says CEO Pieter Elbers

    • Moody’s expects Oyo’s EBITDA to jump 65% YoY in FY24

    • Swiggy sees two VP-level exits within a month

    • Unacademy’s core business to decline 15% in 2023, group-level revenue to grow 26%

    • Tiger Global-backed Open axes 47 jobs, founders take 50% pay cut

    • ClearTax betting big on crypto tax offerings, expects profitability in next 12 months

    • MC Long View | Is Zomato’s path to profitability coming at the cost of growth?

    • Indian startups in Sequoia's portfolio shift focus to profitability, put brakes on new initiatives: JM Financial

    • Internet firms Sea, GoTo cut jobs as focus shifts to profitability over growth

    • There will be another party soon, says WestBridge Capital’s Sandeep Singhal amid funding downturn

    • IndiGo to launch flights to Nairobi, Jakarta soon, looking at China as well: Pieter Elbers

    • PhonePe management sees operational profitability by 2025

    • No credible competition in school edtech space: LEAD’s Sumeet Mehta

    • Accel-backed Infra.Market's profit grows nearly 6X in FY22 on strong revenue growth

    • High price of coal to adversely impact profitability of domestic non-ferrous metal cos: Icra

    • SoftBank-backed Unacademy cuts monthly burn down to a fourth, eyes breakeven by January

    • Mamaearth parent tops list of PE-backed companies

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