Performance of Listed Start-ups in FY24

29 June 2024

Crunching the numbers! The financial results for FY24 are out, and several listed start-ups have showcased impressive performance. Here's a quick overview of some notable companies that have reported their financials recently:

Mamaearth (Honasa Consumer) Known for its focus on natural and organic products, Mamaearth saw a substantial 26% increase in revenue from operations, reaching ₹1,764 crore. 

Zomato: The food delivery giant reported a remarkable 71% year-on-year growth in revenue from operations, totaling ₹12,114 crore. 

Nykaa (FSN E-Commerce Ventures Ltd): Nykaa, a leader in the beauty and wellness e-commerce sector, posted a 24% increase in revenue from operations, which grew to ₹6,386 crore from ₹5,144 crore in FY23. 

Go Digit: This insurance tech company experienced a 37.4% rise in revenue from operations, reaching ₹8,147 crore. 

Delhivery: The logistics firm reported a 13% increase in revenue from services, totaling ₹8,142 crore. 

Tracxn Technologies: Tracxn, known for its comprehensive data insights on startups, saw a 6% increase in revenue from operations, reaching ₹82 crore.

 

Infoedge: This internet-based company reported an 8% increase in annual revenue from operations, reaching ₹2,536 crore, up from ₹2,345 crore in FY23.