Is it time to add Paytm, Nykaa, Zomato to your portfolio?

The recently-concluded June quarter of the current fiscal year may prove to be an inflexion point for new-age tech companies.

Zomato, Nykaa and Paytm reported sharp recovery in their respective operating metrics, suggesting the companies could be embarking on their growth journeys.

NITIN BHASIN, CO-HEAD AND HEAD OF RESEARCH, AMBIT INSTITUTIONAL EQUITIES says new-age companies showcasing road map to profitability. Policybazaar, Zomato seeing profits in core segments. Aggressive acquisition of new ventures may mask overall profitability. Companies like IndiaMART diluted margin to chase growth. Others like Nazara Tech using balance sheet to expand aggressively.