Tata 1mg will be profitable in a few quarters, says founder Prashant Tandon

Tata Digital-owned epharmacy platform 1mg is a few quarters away from overall profitability, the company’s founder Prashant Tandon said on Friday.

“A bunch of our businesses are profitable in terms of earnings before interest, taxes, depreciation and amortisation (Ebitda) and a bunch of them will be Ebitda profitable,” said Tandon at the ET Soonicorns Summit in New Delhi.