India, Nov. 14 -- Bengaluru-based meat delivery unicorn Licious' consolidated net loss narrowed 27% to INR 218.3 Cr in FY25 from INR 298.6 Cr in the previous fiscal year, on the back of robust revenue growth and flat expenses.
The startup, which started as a D2C platform before becoming an omnichannel brand, saw its operating revenue jump 16% to INR 797.2 Cr during the year under review from INR 686.9 Cr in FY24.
Including other income of INR 47.4 Cr, total income stood at INR 844.6 Cr in FY25.
In a statement last month, Licious said it has tightened its cost structure and its EBITDA loss fell 45% to INR 163 Cr in FY25 from INR 296 Cr in the previous fiscal year.
Founded in 2015 by Vivek Gupta and Abhay Hanjura, Licious has a farm-to-...
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