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moves money Tech-Economic Times July 29, 2026

SoftBank-backed OfBusiness FY26 revenue falls 7%; profit rises 21%

SoftBank-backed OfBusiness FY26 revenue falls 7%; profit rises 21%
AI Summary

Revenue declined as OfBusiness exited low-return commerce categories and discontinued some operations, prioritising deeper manufacturing integration, wider margins and stronger cash generation ahead of its planned IPO filing next quarter.

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