Amway India loss doubles to Rs 52.78 crore in FY'24, sales flat at Rs 1,283.7 crore

Quick Summary:

Revenue from operations reached Rs 1,283.75 crore, with declines in Personal Care, Home Care, Beauty, Cookware, and Atmosphere Drive segments.

Amway India Enterprises reported a widened net loss of Rs 52.78 crore in FY24, despite a marginal increase in total income.

While advertising expenses decreased, royalty payments to the parent company increased.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaNew Zealand

Topics: Amway India revenue 2024 Amway sales report Amway India financial results Business news Amway India loss Amway India Enterprises

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 17:33:42 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 753 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23884981

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