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Most listed new-age startups improve Q4 profitability; Swiggy, Ola lag behind

Out of 17 publicly listed new-age firms in India, 11 reported better profitability in the March quarter, either by narrowing losses or posting stronger profits. Top performers included Nykaa, Policybazaar, Delhivery, Ather Energy and Ixigo. This points to stronger operational discipline across India’s digital-first companies. 

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