Rating

InnerChef's FY17: Revenue surged to Rs 9.8 Cr while losses jumped to Rs 11 Cr

InnerChef has witnessed 295 per cent increase in revenue, making it Rs 9.8 crore in the fiscal year 2016-17 as compared to Rs 2.5 crore in the preceding fiscal. The losses registered a spike of about 184 per cent in FY17. The company had a loss of Rs 3.87 crore in FY16 while it stood at Rs 11 crore in the former year.