 "Ola")
The corporate profit to GDP ratio declined sharply in the previous two quarters, reversing the steep rise seen in the second half of financial year 2020-21 (FY21) and FY22. On the other hand, Ola’s ride-hailing business which has turned profitable might look at going for an IPO next year though a final decision has not been taken. Read more on these in our morning brief of top headlines.
India Inc's profit declines sharply to 3.48% of GDP in Q2 of FY23
The corporate profit to gross domestic product (GDP) ratio declined sharply in the previous two quarters, reversing the steep
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