Indian defence companies a long-term growth story; betting on Zomato: Siddhartha Khemka
"We believe that the long-term growth opportunity for Zomato is very strong and we are expecting it to turn EBITDA positive by the fourth quarter of this year which should result in a strong profitability going forward. For FY24, we have a PAT of 1.3 billion. And for next year, FY25, it should increase to Rs 8 billion. Hence, the momentum for Zomato should continue."
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