Profit Falls 38% To INR 11 Cr Despite 37% Revenue Growth

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SUMMARY

The Souled Store’s net profit declined 38% to INR 11 Cr in FY25 from INR 17.7 Cr, reflecting the absence of a tax credit booked in FY24

Operating revenue jumped 37% to INR 492.4 Cr in FY25 from INR 360.2 Cr in the previous year

Total expenses grew 36% to INR 487.5 Cr during the year under review INR 358.4 Cr in FY24

After turning profitable in FY24, D2C fashion brand The Souled Store extended its profitability streak in FY25. However, its net profit declined 38% to…



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Profit Falls 38% To INR 11 Cr Despite 37% Revenue Growth


SUMMARY

The Souled Store’s net profit declined 38% to INR 11 Cr in FY25 from INR 17.7 Cr, reflecting the absence of a tax credit booked in FY24

Operating revenue jumped 37% to INR 492.4 Cr in FY25 from INR 360.2 Cr in the previous year

Total expenses grew 36% to INR 487.5 Cr during the year under review INR 358.4 Cr in FY24

After turning profitable in FY24, D2C fashion brand The Souled Store extended its profitability streak in FY25. However, its net profit declined 38% to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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