Ethnic wear brand Suta reports 33% jump in FY24 revenue at Rs 75 crore, profit falls – ET Retail
Representative image Ethnic wear startup Suta saw its operating revenue increase 33% to Rs 75 crore during the financial year ended March 31, from Rs 57 crore in 2022-23. The Mumbai-based company’s consolidated net profit fell more than half to Rs 73 lakh from Rs 1.5 crore a year ago. The decline in profit was…