Dhani Services Q4 FY22 results (Jan–Mar 2022) and concall

Dhani Services reported an 8% increase in FY22 revenue to ₹1465 crores, but net losses widened significantly to ₹860 crores as the company ramped up its digital businesses. The company is undergoing a strategic shift in its business model, moving its credit product from a monthly subscription to an annual membership fee, and its e-commerce platform to a marketplace model. Management emphasized focusing on monetizing its existing 5 crore+ customer base and operating in a capital-efficient manner, while acknowledging the early stages of these new models.