Which Indian new-age companies achieved significant revenue growth recently?

Nine of India's top 12 new-age companies achieved revenue growth of 25% or more in the October-December period, with firms like Eternal, Swiggy, and Nykaa showing substantial increases.

What drove Eternal's (Zomato and Blinkit) significant revenue increase?

Eternal's revenue tripled due to changes in its quick commerce unit, Blinkit, which shifted to an inventory-led operating model and broke even at an operating level.

How did fintech companies perform during the festive season?

Fintech companies like Paytm, Go Digit General Insurance, and PB Fintech reported net profits driven by strong business momentum and fiscal discipline during the festive season.

Home / Business and Economy / India's Top 12 Firms See Revenue Surge

India's Top 12 Firms See Revenue Surge

17 Feb

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Summary

Nine of 12 top new-age firms achieved over 25% revenue growth.
Eternal's revenue tripled due to Blinkit's operational model change.
Profitability improved for most companies, with some swinging to profit.

Nine of India's 12 leading new-age companies by market capitalization achieved revenue growth of 25% or more during the October-December period. This expansion was propelled by increased market access and a growing consumer demand for digital services, although profitability and stock performance showed divergence across these firms.

Food delivery giant Eternal, encompassing Zomato and Blinkit, reported a threefold revenue increase year-over-year. This significant growth stemmed primarily from Blinkit's shift to an inventory-led operating model. On a comparable basis, Eternal's revenue grew by 65%.