Practo, India’s leading integrated healthcare company, has witnessed significant financial improvements. FY23 was a turning point with the company not only significantly reducing losses and improving gross margins, but also exiting March ’23 with positive cash flows, and set for a positive financial year in FY24. Despite funding challenges post-Covid, our commitment to optimising operational efficiencies and new monetisation models, while sustaining revenues, resulted in these achievements. Looking forward, we are committed to developing ‘phygital’ healthcare services and exploring expansion opportunities.
Practo Targets Full-Year Positive Cash Flow In FY ‘24; Sets Its Sights On A ‘phygital’ Future
