CosmicTaco

CureFit’s FY24 Loss Soars Despite Revenue Growth

CosmicTaco · 2024-12-17T09:50:59.562910+05:30

- Zomato-backed CureFit's net loss widened by 42% to INR 888.5 Cr in FY24, despite a 33.6% rise in operating revenue to INR 926.6 Cr. - EBITDA loss surged 123.4% to INR 587.97 Cr, reflecting ongoing profitability challenges. - Founded in 2016, CureFit operates Cultfit, Mindfit, and Care.fit, among others, and is eyeing profitability by FY25. Source: [Inc42](https://inc42.com/buzz/curefits-fy24-loss-zooms-42-to-inr-889-cr/)

Zomato-backed CureFit's net loss widened by 42% to INR 888.5 Cr in FY24, despite a 33.6% rise in operating revenue to INR 926.6 Cr.
EBITDA loss surged 123.4% to INR 587.97 Cr, reflecting ongoing profitability challenges.
Founded in 2016, CureFit operates Cultfit, Mindfit, and Care.fit, among others, and is eyeing profitability by FY25.

Source: Inc42