Even as the performance of India Inc was subdued during the September quarter (Q2FY25), a number of new-age companies stood out with a healthy showing.
Zomato, PB Fintech (the parent of Policybazaar and Paisabazaar), and FSN E-Commerce Ventures (which owns Nykaa) all reported robust numbers, reflecting growth and resilience.
Only One 97 Communications, the parent company of Paytm, struggled with its financial performance during the quarter under review.
Even though the parent company of Paytm struggled with its financial performance during the quarter under review, the stock surged after the Q2 results.
Since their Q2 results, individually, Zomato (result announced on October 22) shares have gained 5.2 per cent, PB Fintech (November 5) has risen 5.2 per cent, and Paytm (October 22) is up 11.9 per cent.
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