expenses

Despite improved financials, Jugnoo lost about Rs 6 to earn a rupee in FY17

While Jugnoo's revenue has grown in FY17, it posted a loss of Rs 17.39 crore for the year. When we compare with previous fiscal, it controlled losses by 29.5 per cent. The company’s revenue increased by 91 per cent to Rs 5.14 crore in FY17 from 2.69 crore in the preceding fiscal