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Profit Falls 38% To INR 11 Cr Despite 37% Revenue Growth

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SUMMARY

The Souled Store’s net profit declined 38% to INR 11 Cr in FY25 from INR 17.7 Cr, reflecting the absence of a tax credit booked in FY24

Operating revenue jumped 37% to INR 492.4 Cr in FY25 from INR 360.2 Cr in the previous year

Total expenses grew 36% to INR 487.5 Cr during the year under review INR 358.4 Cr in FY24

After turning profitable in FY24, D2C fashion brand The Souled Store extended its profitability streak in FY25. However, its net profit declined 38% to…

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