Profitable

In FY23, the Bengaluru-based fintech diversified its offerings like lending and UPI payments within its app.

Unacademy-owned Graphy turns operationally profitable for December 2022: CEO Sumit Jain

The development comes a month after Unacademy's Gaurav Munjal took a dig at the valuation of ClassPlus, a direct competitor of Graphy, currently valued at $500 million.

Weekly Tactical Pick: A come-from-behind story in the insurance space

In addition to valuation turning reasonable, the company has reported a strong business growth momentum. The revised draft proposals released by the IRDAI on November 23 reduces regulatory risks to commission

Profitable and capitalised, it is business as usual for us: Zetwerk CEO Amrit Acharya

“While we also grew a lot last year, we grew profitably. And hence, in some way, destiny is under our control because we can now choose to go aggressive or not, without relying on extreme measures,” he said.

He rejected an offer from Unacademy and now runs an edtech worth a billion dollars: Meet PhysicsWallah’s Alakh Pandey

"My students inspire me, that’s what keeps me going," says the PhysicsWallah cofounder who shunned an offer worth millions

MC Interview: upGrad to turn profitable in 2022-23, likely to float IPO in 2 years: Co-founder Mayank Kumar

Edtech unicorn upGrad is expecting the Jan-March quarter to be profitable, double the revenue in FY22, and become a profitable company in 2022-23.

Budget 2017 market strategy: Dump defensives, buy cyclicals

While impact of GST rollout and pace of economic recovery after demonetization are known domestic variables, Trumponomics and the impact of protectionist policies adopted by several developed economies remain key global uncertainties.

Talks underway for sale of 3 biomass units: Orient Green Power

Biomass is profitable if one runs it on 70-75 percent plant load factor (PLF). However for that, one requires good amount of working capital to ensure to run biomass units at those PLF levels, S Venkatachalam, MD of the company told CNBC-TV18.

Will be profitable by 2015; CFO on personal leave: SpiceJet

Sanjiv Kapoor, chief operating officer, SpiceJet says the company is looking for ways to recapitalize the low-cost carrier.

Should be able to convince unions for MTNL merger: BSNL

Anupam Shrivastava, director - Consumer Mobility, BSNL says a few issues need to be ironed out in order to go ahead with the proposed merger.

Walmart wants to grow first, then look at profits

The US-based retailer Walmart Stores Inc, which has a wholesale joint venture with Bharti Enterprises, today said its immediate focus in India will be to scale up operations before aiming to be profitable in a medium to long term