More Retail's FY23 loss widens to Rs 550 crore, revenue fall

More Retail loss rose to Rs 550 crore in 2022-23 from Rs 402 crore in the fiscal before. Revenue has declined 7.4% to Rs 4,507 crore. Revenue contributors of More RetIail are grocery food and staples at 53% of the sales, followed by grocery non-food at 22% and fresh products at 19%.

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