Operating losses of e-pharmacies seen falling below 10 percent next fiscal: CRISIL
By
Binu Mathew
India’s online pharmacy sector is on course to reduce operating losses to below 10 percent next fiscal from over 30 percent in fiscal 2023, by sharpening focus on high-margin product segments and operational efficiencies.
According to CRISIL, cash losses, though on the decline, will continue for the next two fiscals due to high operational costs and intense competition.