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Wonderchef, a direct-to-consumer kitchenware company, reported a net profit of ₹1.6 crore (US$184,025) for FY24, a turnaround from a loss of ₹51.8 crore (US$5.96 million) in FY23. Revenue from operations rose nearly 20% to ₹377.7 crore (US$43.44 million), while total revenue, including other income, increased by 18% to ₹380.9 crore (US$43.81 million). Despite a 16.6% rise in expenses, the company aims for ₹800 crore (US$92.01 million) in revenue for FY25, following sales of around ₹700 crore (US$4.34 million) in FY24.
Wonderchef, a direct-to-consumer kitchenware company, reported a net profit of ₹1.6 crore (US$184,025) for FY24, a turnaround from a loss of ₹51.8 crore (US$5.96 million) in FY23. Revenue from operations rose nearly 20% to ₹377.7 crore (US$43.44 million), while total revenue, including other income, increased by 18% to ₹380.9 crore (US$43.81 million). Despite a 16.6% rise in expenses, the company aims for ₹800 crore (US$92.01 million) in revenue for FY25, following sales of around ₹700 crore (US$4.34 million) in FY24.
Ravi Saxena
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Wonderchef reports profit turnaround with significant revenue growth in FY24
04:40 15.03.2025
Wonderchef reports profit turnaround with significant revenue growth in FY24
04:40 15.03.2025
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