Online-first furniture platform WoodenStreet has reported strong growth in its sales for the financial year ended March 2023, thanks to growing visibility among customers due ..
Livspace s revenue stood at Singapore dollar 101.75 million in the previous fiscal year. The figure rose by 85 per cent to Singapore dollar 188 million, or around Rs 1,100 crore, during the last fiscal year.
Business expansion, investment in branding and experience centres, and improving supply chain helped the company achieve high growth in the fiscal year.
The company said it has cut down its Ebitda (earnings before interest, tax, depreciation and amortisation) loss in India to half. The Singapore-headquartered company, which is valued at $1.2 billion, reported Ebitda before Esops of Rs 581 crore.