Tiger Global-backed Mensa Brands slashes net loss to 155.8 Cr in FY24, revenue up 11%

Q: How long will it take to read this news story?

The story "Tiger Global-backed Mensa Brands slashes net loss to 155.8 Cr in FY24, revenue up 11%" has 324 words across 20 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Tiger Global-backed Mensa Brands slashes net loss to 155.8 Cr in FY24, revenue up 11%" was covered 14 hours ago by YourStory, a news publisher based in India.

Q: How trustworthy is 'YourStory' news outlet?

YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news. The outlet is headquartered in India and publishes an average of 20 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25104292</li><li>URL: https://beamstart.com/news/tiger-global-backed-mensa-brands-17367675914788</li></ul>

YourStory Logo YourStory 14h ago

Tiger Global-backed Mensa Brands slashes net loss to 155.8 Cr in FY24, revenue up 11% - YourStory

Quick Summary:

Total expenses for the Indian entity of Mensa Brands stood at Rs 712 crore during the year under review—a decline of about 6.7% from Rs 763 crore in FY23.

The House of Brands unicorn owns and operates several consumer brands, including Pebble, Karagiri, Ishin Fashions, MyFitness, and Dennis Lingo, deriving most of its revenue from product sales.

The company’s consolidated net loss narrowed to Rs 155.8 crore in FY24 from Rs 227 crore in the previous fiscal.