Amway India loss doubles to Rs 52.78 crore in FY'24, sales flat at Rs 1,283.7 crore
Tuesday, 26 November 2024 ()
Amway India Enterprises reported a widened net loss of Rs 52.78 crore in FY24, despite a marginal increase in total income. Revenue from operations reached Rs 1,283.75 crore, with declines in Personal Care, Home Care, Beauty, Cookware, and Atmosphere Drive segments. While advertising expenses decreased, royalty payments to the parent company increased.
Amway India Enterprises reported a widened net loss of Rs 52.78 crore in FY24, despite a marginal increase in total income. Revenue from operations reached Rs 1,283.75 crore, with declines in Personal Care, Home Care, Beauty, Cookware, and Atmosphere Drive segments. While advertising expenses decreased, royalty payments to the parent company increased.
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