Published 13:16 IST, February 7th 2024
SoftBank to report first net profit in last five quarters
Analyst estimates compiled by LSEG and Reuters project a third-quarter profit ranging from 282 billion yen to 460 billion yen.
![SoftBank arm trims stake in Paytm](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/4GEGVTHO6VAB7H7S766WDRZYJA1-170323195232816_9.webp)
SoftBank's Indian startup portfolio remains resilient, with about 50% of companies nearing or surpassing break-even points, demonstrating agility in cost-cutting amid economic challenges. | Image:
SoftBank
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13:16 IST, February 7th 2024