Ethnic wear brand Suta reports 33% jump in FY24 revenue at Rs 75 crore, profit falls

“The biggest lever for growth was the offline stores. The existing stores also grew on their own, and the addition of new stores further boosted overall offline growth," cofounder Sujata Biswas told ET. In 2023-24, the company spent Rs 21 crore on the purchase of stock-in-trade and Rs 14 crore on employee benefits while incurring other expenses of Rs 34 crore.
Read The Rest at :