Freshworks Technologies’ revenues double in FY 2017

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Freshworks Technologies has reported an annual revenue of INR 199 crore in the FY 16-17. The startup is a leading SaaS B2B provider in India. Incorporated in   2010     Revenue FY 16-17 INR 199 Cr Loss FY 16-17 INR 62.2 Lakhs…

HealthifyMe Wellness losses jump from INR 5 cr to INR 22.7 cr

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HelathifyMe, a home-grown digital weight loss platform, has reported revenues of INR 4.17 crore in FY 16-17. The company earns its revenues from subscription to the HealthifyMe app as well as through corporate wellness partnerships and through digital wellness …

Hike’s revenues drop by 67% in FY2017

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Hike Pvt Ltd, the company that operates Hike messenger has reported a revenue of INR 11.4 crore in its latest financial statements for FY 16-17. Hike is India’s home-grown messaging app.    Incorporated in     2011     Revenue FY 16-17  INR 11.4 …

Facebook India Online Services financials for FY ending 2017

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Facebook India reports a revenue of INR 341.85 crore in FY 16-17. The social media giant’s presence has grown exponentially in the country in less than a decade. Incorporated in 2010 Revenue FY 16-17 INR 341.85 Cr Profit FY 16-17…

Vector E-Commerce Services financials for FY ending 2017

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Bangalore-based e-commerce company Vector E-Commerce reports a total revenue of INR 1217.76 Cr. in FY 16-17. The company is online shopping portal Myntra’s largest seller. Incorporated in 2010 Revenue FY 16-17 INR 1217.76 Cr Profit FY 16-17 INR 9.33 Cr…

WS Retail Services, Flipkart’s subsidiary reports it revenues for FY 2017

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WS Retail Services has reported in its latest profit and loss statement, total revenues of INR 4,543 Crore in the FY 16-17. Until 2013, WS Retail was a subsidiary of Flipkart that held inventory and front end operations. Currently it …

DLF Cyber City Developers operates with a Net Profit Margin of 40%

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Indian real estate giant DLF Ltd, on Wednesday, announced its exclusivity agreement with Singapore’s sovereign wealth fund GIC Pte to buy out 40% of the promoter’s stake in DLF Cyber City Developers Ltd, its rental arm. The rental subsidiary has …

Billdesk Revenue at INR 520 Cr FY16 | Tofler

Billdesk Revenue at INR 520 Cr in FY15-16

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Billdesk, one of India’s earliest online payment gateway solution providers, has reported a revenue of INR 520 Crores in FY15-16 with a PAT of INR 76 Crores.   …

Apple India saw a 54% jump in its Revenue in FY16 | Tofler

Apple India saw a 54% jump in its Revenue in FY16

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Apple India has reported revenue of INR 9997 crores in FY 15-16 with 80% of it coming from sale of iPad, iPod Touch, iPhone and Apple Watch. …

Tofler explains the Ratio Analysis: Activity and Solvency ratios

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In continuation with our financial statement analysis series, we looked at the ratio analysis and two key ratios used for analysis in the last article. In this article we explore the other two key ratios that are used, viz., activity …

Tofler explains Ratio Analysis, the Liquidity and Profitability Ratios

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Ratio analysis is one of the most widely used technique for analyzing financial statements. In this article we explore what ratio analysis is, its categories and two of the key ratios to look at- liquidity and profitability. Ratio Analysis Ratio …

Tofler explains Cash Flow Statement

Tofler explains the Cash Flow Statement

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Cash flow statement is one of the three key financial statements used to evaluate a Company’s financial performance and overall health. The other two financials statements – Balance Sheet and Profit and Loss account, have been addressed in earlier …

KKR most profitable, RCB highest loss making franchise in IPL

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In a country obsessed with cricket, Indian Premier League, IPL has managed to offer the perfect mix of cricket and entertainment. It is among the top 50 sports league across the globe in terms of revenue and the 6th…

RCB Fans: How well do you know your team? [Infographic inside]

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Royal Challengers Bangalore, RCB have made it to IPL finals for the third time. IPL 9 has seen great performances by the RCB skipper Virat Kohli who seems to be in the form of his life. Given the form Virat …

Dhoni, Amrapali and the Twitter Campaign

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Mahendra Singh Dhoni is the brand ambassador for the construction sector giant Amrapali Group. On April 4, 2016 a campaign #AmrapaliMisuseDhoni was started on Twitter to protest against the alleged delay in completing of the Sapphire Project in Noida by …