Practo reports 22% rise in revenue in FY24, GMV crosses Rs 3,500 crore

Quick Summary:

Practo, a health-tech platform, reported a 22% revenue growth to Rs 240 crore for 2023-24 and achieved a GMV of Rs 3,500 crore.

The company reduced its losses to Rs 17 crore from Rs 99 crore the previous year and achieved its first profitable quarter in the last quarter of 2023-24.

Practo cofounder and CEO Shashank ND said, "Our goal has always been on improving healthcare outcomes while building a sustainable business.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaPakistanVietnam

Topics: Health-tech platform revenue Gross merchandise value Practo Business news Practo revenue growth Practo FY24 report Healthcare platform profitability

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 19:12:22 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 676 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25035492

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 19 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions