In Q1’25 results call, the mgmt said that they want to do 1000cr revenue in non-steel in 2-3 years. And that would be 25-30% of the total revenue. Since non steel revenue is part of only marketplace, and if I reverse calculate, then market place revenue comes to about 3300 to 4000 Cr…in 2 to 3 years. The marketplace revenue in FY24 was 3836 Cr.
Where did I go wrong? Or maybe the contribution range mentioned by mgmt is erroneous?
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