CosmicTaco

Livspace Revenue Soars to Rs 1,200 Cr in FY24, Losses Halved

CosmicTaco · 2024-09-19T16:33:38.732962+05:30

- Livspace, the home interior platform, saw a 14.78% revenue growth in FY24, reaching Rs 1,185.7 crore. - The company's losses shrank by 48.48%, down to Rs 413.8 crore from Rs 803.3 crore in FY23. - Revenue from interior projects formed 94% of the total, increasing to Rs 1,110.65 crore. - Employee benefits expenses dropped by 16.1%, contributing to controlled overall expenditure. - Livspace plans to shift its domicile to India and aims to go public within 18-24 months. Source: [Entrackr](https://entrackr.com/2024/09/livspace-revenue-crosses-rs-1200-cr-in-fy24-losses-shrink-by-48/)

Livspace, the home interior platform, saw a 14.78% revenue growth in FY24, reaching Rs 1,185.7 crore.
The company's losses shrank by 48.48%, down to Rs 413.8 crore from Rs 803.3 crore in FY23.
Revenue from interior projects formed 94% of the total, increasing to Rs 1,110.65 crore.
Employee benefits expenses dropped by 16.1%, contributing to controlled overall expenditure.
Livspace plans to shift its domicile to India and aims to go public within 18-24 months.

Source: Entrackr