Beardo crosses Rs 100 Cr revenue in FY23, slips into losses

Following a notable 50% growth during FY22, Marico-owned Beardo decelerated during the previous fiscal year ending March 2023. However, the Ahmedabad-headquartered company slipped into losses in FY23 after registering a first-ever profit during FY22. Beardo’s revenue from operations increased 12.2% to Rs 106.6 crore in FY23, according to the annual report published by the holding …

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