Yu Foods' Revenue Doubles, Net Loss Rises

CosmicTaco · 2025-02-14T11:24:26.478183+05:30

- Yu Foods’ operating revenue surged 103.9% to INR 15.7 Cr in FY24, doubling from INR 7.7 Cr in FY23. - Despite the revenue growth, net loss increased by 80.5% to INR 11.2 Cr from INR 6.2 Cr in the previous fiscal year. - Total expenses for the startup rose significantly by 92.86% to INR 27 Cr in FY24, up from INR 14 Cr in FY23. Source: [Reuters](https://inc42.com/buzz/yu-foods-fy24-revenue-more-than-doubles-to-inr-15-7-cr/)

Yu Foods’ operating revenue surged 103.9% to INR 15.7 Cr in FY24, doubling from INR 7.7 Cr in FY23.
Despite the revenue growth, net loss increased by 80.5% to INR 11.2 Cr from INR 6.2 Cr in the previous fiscal year.
Total expenses for the startup rose significantly by 92.86% to INR 27 Cr in FY24, up from INR 14 Cr in FY23.

Source: Reuters