The holdings of Zomato will yield more pain...
However, revenue from operations looks consistent. The exceptional items of the balance sheet hurt investor sentiments. As the rising liabilities in last four quarters and astounding expenses on Ads and employees is affecting the operating margin
GE T&D Edge Points:
1. Depleting Inventories suggesting demand for its product
2. Consistent improvement in revenue QoQ
3.Reduction in Borrowings
4.Improvement in CASH Holdings