India, Oct. 30 -- IPO-bound B2B seafood supply chain startup Captain Fresh has turned profitable in FY25, posting a consolidated net profit of INR 42.4 Cr compared to a loss of INR 229 Cr in FY24, as per its RoC filings.

Operating revenue jumped 145% to INR 3,421 Cr in FY25 from INR 1,395 Cr a year earlier. Including other income of INR 44.8 Cr, total income stood at INR 3,466 Cr for the year.

Total expenditure rose 109.6% to INR 3,342 Cr from INR 1,594 Cr in FY24, led by higher operational and employee costs.

In line with the bottom line profitability, the startup's company reported a positive EBITDA of INR 123.8 Cr against an EBITDA loss of INR 171.9 Cr incurred in the previous fiscal year.

The financial disclosures come in the run ...