Livspace to post Rs 247 crore loss at EBIDTA level in FY2023-24

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Home interiors and decoration company Livspace has posted an EBIDTA loss of Rs 246.74 crore in the last fiscal.

The EBITDA (earnings before interest, tax, depreciation and amortisation) loss for the financial year 2022-23 was Rs 525.37 crore.
Bengaluru-based Livspace’s revenue grew 21% to Rs 1,185.04 crore in the last fiscal from Rs 981.18 crore in the previous year, the company said in a statement on Wednesday.
Livspace currently provides services in the Middle East and Singapore, as well as over 50 metro and non-metro areas in India.
The company has raised about $450 million from investors. (PTI)

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