India, April 4 -- D2C fashion brand Snitch posted an operating revenue of INR 520 Cr in the financial year ended March 2025 (FY25), its founder and CEO Siddharath Dungarwal said.
This is almost double than the revenue of INR 243 Cr it reported in FY24.
Dungarwal told Inc42 that the startup's EBITDA zoomed almost 5X year-on-year to about INR 30 Cr in FY25. However, he didn't disclose the net profit number. Snitch had posted a net profit of INR 4.4 Cr in FY24.
The CEO cited reduction in promotional expenses as one of the reasons for the improvement in the startup's profitability. He said that Snitch's marketing costs dropped 50% in FY25 due to offline expansion, with 80% of sales coming from its own channels.
"With this, the marketplace...
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