Other income from OLX India business declined sequentially in the quarter 3 compared to quarter 2. Could you please explain the key reason for this drop?
Questions across 2 calls
Anjali Bajaj
Naredi Investments
Cartrade Tech Limited
Good morning, sir. Congratulations for your good set of numbers. All of India profit after tax grew by 213%, while revenue increased only 17%, showing a strong profit growth. Could you explain what efficiencies that led to this sharp rise in profit?
Okay. And my last question is other income went up by 59% year -on-year basis this quarter. Since company hold large cash balance, please specify the bifurcation of the other income?