Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Capillary Technologies turns profitable in FY25
In a significant milestone ahead of its planned Initial Public Offering (IPO), the SaaS company Capillary Technologies has achieved profitability in the fiscal year 2025. This financial turnaround is a testament to the company's strong business model and its focus on sustainable growth. Capillary Technologies provides customer loyalty and engagement solutions to retail businesses. The shift to profitability is a key indicator of the company's operational efficiency and its ability to generate sustainable revenue. This development will significantly boost investor confidence as the company prepares to go public. A profitable track record is a major positive for any company heading for an IPO, as it demonstrates a proven ability to create value, making it a more attractive investment proposition for the public market.