ElasticRun: ElasticRun's FY24 Revenue Narrows To Half, Loss Declines 42%
SUMMARY ElasticRun reported a 49% decline in operating revenue, narrowing to INR 2,434.8 Cr in the financial year ended March 31, 2024 (FY24), compared to INR 4,738.0 Cr in FY23 The drop in revenue coincided with a 42% reduction in the company's net loss, which stood at INR 359.6 Cr in FY24 from INR 619.0 [...]
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ElasticRun is an India-based Kirana E-commerce platform that provides solutions such as crowdsourced logistics and brand aggregation for businesses.
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