Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Healthtech firm Practo posts first full-year profit in FY25
Financial Express Kochi
|May 29, 2025
HEALTHTECH STARTUP PRACTO posted profit in all four quarters of a financial year for the first time in FY25, after narrowing its operating losses over the previous two years.
The company first turned profitable in Q4FY24 and has remained so in all successive quarters, its co-founder and CEO Shashank ND said at a media roundtable on Wednesday. The firm is doubling down on its core business that is growing 25-30% year-on-year (y-o-y).
"We made a couple of million dollars in profit in FY25, and we'll only go from strength to strength from hereon," he said.
The firm managed to reduce its operating losses to ₹17 crore in FY24 from ₹99.4 crore by focusing on operational efficiency, automation, and strategic cost management. Meanwhile, revenue rose 22% to ₹240 crore.
Cette histoire est tirée de l'édition May 29, 2025 de Financial Express Kochi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Kochi
Financial Express Kochi
IMF directors urge India to replenish fiscal buffers
WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.
1 min
November 27, 2025
Financial Express Kochi
Change mindset for manufacturing push: Godrej
WE ARE LOOKING TO LIMIT PRICE INCREASES TO ABOUT 5-7% POST NEW BEE NORMS
1 mins
November 27, 2025
Financial Express Kochi
Google Cloud sees govt tie-ups rise
· Cybersecurity threats & DPDP compliance fuel demand surge
1 min
November 27, 2025
Financial Express Kochi
When humans & Al create value together
WE'RE AT AN inflection point.
1 mins
November 27, 2025
Financial Express Kochi
SBI’s NIM target of 3% safe even if RBI cuts rate: Setty
STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.
1 mins
November 27, 2025
Financial Express Kochi
US-Russia talks gain momentum
A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.
1 min
November 27, 2025
Financial Express Kochi
UK cuts tax-free allowance for cash savings
BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.
1 mins
November 27, 2025
Financial Express Kochi
Reliance JV to build AI data centre
THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.
1 min
November 27, 2025
Financial Express Kochi
Indices near all-time high as bears go into hiding
· DIIs pump in ₹7 lakh crore, highest in a year
1 mins
November 27, 2025
Financial Express Kochi
When tax meets technology
Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place
3 mins
November 27, 2025
Listen
Translate
Change font size