Prime India
Nayar’s strategic decisions helped Nykaa capitalize on a rapidly growing market. India’s beauty and personal care sector, valued at $16 billion, was primed for digital disruption. With the rise in disposable income, social media influence, and changing lifestyles, the online beauty market was expanding. Nayar’s decision to operate an inventory-led model and steer clear of heavy discounting helped Nykaa build trust and credibility with consumers. The brand quickly found its niche by offering products free .....
OYO has recorded a remarkable financial performance in the third quarter of FY25, posting a profit after tax (PAT) of Rs 166 crore, a nearly six-fold increase from Rs 25 crore in the same period last year. The company’s revenue surged to Rs 1,695 crore, marking a robust growth of 31% compared to Rs 1,296 crore in Q3 FY24. This growth signifies a significant turnaround for the company, especially after a relatively flat topline growth in FY24, showcasing its renewed focus on revenue generation. ...........
Ola’s revenue from operations declined 5.5% to Rs 2,012 crore in FY24 from Rs 2,128 crore in FY23, its consolidated financial statements sourced from the Registrar of Companies (RoC) show. Ola recorded a 5.5% year-on-year decline in revenue for the fiscal year ending March 2024, indicating no growth during the period. Despite the revenue drop, the firm managed to turn EBITDA profitable, driven by cost reductions in employee benefits and communication costs. Ola's financial services business recorded a 3.6X growth in FY24, with revenue ....
Paytm, shares gained 5.3 per cent on BSE, logging an intraday high at Rs 700.7 per share.....
