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Gupshup India records 43% revenue increase and 22.5% profit growth in FY23

 8 months ago
source link: https://nextbigwhat.com/gupshup-india-records-43-revenue-increase-and-22-5-profit-growth-in-fy23/
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Home / News / Gupshup India records 43% revenue increase and 22.5% profit growth in FY23

Gupshup India records 43% revenue increase and 22.5% profit growth in FY23

  • Gupshup India’s revenue rose by 43% to Rs 1,619 crore in FY23, with profits increasing by 22.5% to Rs 49 crore.
  • The company’s spending on employee benefits increased by 92% and overall expenditure grew to Rs 1,562 crore.
  • Despite a valuation markdown by Fidelity Investments, Gupshup continues to show growth and adaptability in the competitive market.
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