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Wonderchef reports profit turnaround with significant revenue growth 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.
Tech in Asia
United States Dollar Indian Rupee IND Sanjeev Kapoor Ravi Saxena Show more
Business & Industry, Market Report
04:40 15.03.2025

wonderchef reports significant revenue growth and profitability in fiscal year 2024

Wonderchef reported a nearly 20% increase in revenue from operations, reaching INR 377.7 Cr in FY24, up from INR 315.6 Cr in FY23. Including other income, total revenue rose 18% to INR 380.9 Cr, while total expenditure increased by 16.6% to INR 374.6 Cr.
StartupNews.fyi
Indian Rupee IND Sanjeev Kapoor
Finance & Economy, Market Report
05:35 14.03.2025
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