Beardo crosses Rs 100 Cr revenue in FY23, slips into losses

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Following a notable 50% growth during FY22, Marico-owned Beardo decelerated during the previous fiscal year ending March 2023. However, the Ahmedabad-headquartered company slipped into losses in FY23 after registering a first-ever profit during FY22. Beardo’s revenue from operations increased 12.2% to Rs 106.6 crore in FY23, according to the annual report published by the holding …

The post Beardo crosses Rs 100 Cr revenue in FY23, slips into losses appeared first on Entrackr.

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Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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Beardo crosses Rs 100 Cr revenue in FY23, slips into losses

Following a notable 50% growth during FY22, Marico-owned Beardo decelerated during the previous fiscal year ending March 2023. However, the Ahmedabad-headquartered company slipped into losses in FY23 after registering a first-ever profit during FY22. Beardo’s revenue from operations increased 12.2% to Rs 106.6 crore in FY23, according to the annual report published by the holding …

The post Beardo crosses Rs 100 Cr revenue in FY23, slips into losses appeared first on Entrackr.

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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Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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