Niva Bupa reported a net profit of Rs 13 crore for the second quarter of FY25, marking a positive turn for the recently listed health insurance company, which saw its stock gain 3% on the day of the announcement. ShareChat, India’s largest homegrown social media platform, achieved a 33% year-on-year increase in revenue, reaching Rs 718 crore in FY24, up from Rs 540 crore in FY23. The company also reduced its adjusted EBITDA losses by 67%, from Rs 2,400 crore in FY23 to Rs 793 crore in FY24. Additionally, ShareChat generated Rs 402 crore through virtual gifting, surpassing its advertising revenue of Rs 315 crore. In a related development, Healthkart reported a net profit of Rs 37 crore in FY24, rebounding from a loss of Rs 165 crore in FY23, with total revenue exceeding Rs 1,000 crore, marking a 23% increase from Rs 832 crore the previous year. Cars24, an auto-tech platform, experienced a 25% rise in operating revenue, reaching Rs 6,917 crore in FY24, compared to Rs 5,530 crore in FY23, although its net losses expanded during the same period.