Pharmeasy – Financial Information, Revenue, Profit/Loss, Expenses

Jan 29, 2024 · FY 2023-24 Profit/Loss-₹2533.51 Cr. Net Cash Flow From Operations-₹61.13 Cr. Financial News. ... Get Financial Analysis of PharmEasy. TheKredible's detailed Financial report contains info about Business Model of the company along with year-wise Financial …

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PharmEasy Halves Loss To Rs 2,533 Crore In FY24, Revenue Dips 15%

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4 days ago · PharmEasy published these numbers on its website. Total expenses for the year were Rs 7,255 crore, reflecting a reduction from Rs 8,974 crore in the previous year, but …

indiatimes.com

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PharmEasy Cuts Losses By 51% To Rs 2,533 Cr In FY24, Revenue Dips …

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4 days ago · As a result, it reduced losses by over 50%, but the company’s revenue declined by nearly 15% during the same period. PharmEasy’s revenue from operations shrank 14.8% to …

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PharmEasy Reports 15% Dip In Revenue In FY24

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2 days ago · Marking a 14.7 per cent decline on a year-on-year (YoY) basis in the financial year 2024 (FY24), PharmEasy, an online pharmacy startup operated by API Holdings, has posted a …

businessworld.in

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PharmEasy Halves Loss To Rs 2,533 Crore In FY24, Revenue Shrinks …

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3 days ago · After a year of cost-cutting measures, online pharmacy startup Pharmeasy has reduced its losses by 51% to Rs 2,533.5 crore in FY24, primarily due to lower goodwill …

financialexpress.com

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PHARMEASY FINANCIAL RESULTS - The Economic Times

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Jan 23, 2024 · PharmEasy’s FY23 operating revenue up 16% to Rs 6,644 crore; net loss widens 30%. PharmEasy’s parent firm API Holdings cut down its advertising and promotional …

indiatimes.com

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Pharmeasy FY23 Losses Widen 31%, Revenue Increases 16% To Rs …

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Jan 31, 2024 · Pharmeasy FY23 losses widen 31%, revenue increases 16% to Rs 6,644 cr ... parent company of online pharmacy startup Pharmeasy on Wednesday reported a …

business-standard.com

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PharmEasy's Losses Narrow By 51%, Revenue Shrinks 15% In FY24

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2 days ago · Marking a 14.7 per cent decline on a year-on-year (YoY) basis in the financial year 2024 (FY24), PharmEasy, an online pharmacy startup operated by API Holdings, has posted a …

bwdisrupt.com

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PharmEasy’s Revenue Drops 15% YoY, Losses Down 51% In FY24

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4 days ago · PharmEasy’s revenue from operations fell by 14.8% to Rs 5,664 crore in FY24. The company’s total expenses dropped by 19.2% to Rs 7,254.8 crore in FY24. ... as per the …

infomance.com

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PharmEasy Stock Price, Funding, Valuation, Revenue & Financial …

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Funding, Valuation & Revenue. 16 Fundings. PharmEasy has raised $1.785B over 16 rounds.. PharmEasy's latest funding round was a Series G - II for $216M on April 29, 2024.. …

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FAQs about Pharmeasy – Financial Information, Revenue, Profit/Loss, Expenses Coupon?

How did PharmEasy's revenue grow in the last fiscal year?

For now, let’s focus on its revenue which grew 2.5X in the last fiscal year. PharmEasy’s revenue from operations grew to Rs 5,729 crore during the fiscal year ending March 2022 as opposed to Rs 2,335 crore in FY21, according to its annual financial statements with the RoC. ...

How did PharmEasy earn in FY23?

As per the financial statement, out of the total revenue during FY23, Rs 775 crore pertains to four customers which contributed more than 10% of total revenue. PharmEasy also earned Rs 55.8 crore via earnings from interest on current investments, deposits, and other non-operating revenue which drove the total income to Rs 6699.8 crore during FY23. ...

How to improve profitability by PharmEasy in FY23?

1. Steps taken to improve Profitability by Pharmeasy in Fy23 a) Marketing and growth expenses are reduced as a % of revenue from 7.9% in FY’22 to 3.3% in FY’23, with Q4’23 at 0.6% of revenue. It means total reduction of INR ~504 Cr in Fy22 to INR ~201 Cr in FY23. ...

Why did PharmEasy's net loss halve in fy24?

Digital pharmacy PharmEasy saw its consolidated net loss halve to INR 2,531.1 Cr in the financial year 2023-24 (FY24) on the back of a decline in its expenses and exceptional items. The company’s net loss declined 51.35% from INR 5,202.5 Cr in FY23. Step up your startup journey with BHASKAR! ...

Is PharmEasy a profitable company?

Dhaval Shah, co-founder of PharmEasy, said the company turned profitable in the first half of 2023-24. “For all months of H1 put together (the first six months April to September 2023), we clocked a cumulative Rs 60 crore of Ebitda (earnings before interest, taxes, depreciation, and amortisation) at API,” Shah said in a LinkedIn post. ...

How has PharmEasy revenue changed in FY22 & FY23?

Revenue and Variable Expenses of Pharmeasy in Fy22, Fy23 and Q1Fy24 a) The revenue has increased by 5% from INR 6381 Cr in Fy22 to INR 6702 Cr in Fy23. Revenue from sale of goods increased by 6.8% to INR 5983 Cr in Fiscal 2023 from INR 5600 Cr in Fiscal 2022. ...