News > Ratan Tata-backed CarDekho's FY22 loss narrows; targets 2024 profitability
Ratan Tata-backed CarDekho's FY22 loss narrows; targets 2024 profitability
02/01/2023 05:28 PM | Click to read full article
Autotech unicorn CarDekho said its loss for the financial year 2022 has narrowed to Rs 246 crore, on the back of growth across all its business units, including insurance broking, financing for cars/bikes/EVs, and sales of vehicles. Its total loss for the year was Rs 246 crore, lower than a loss of Rs 341 crore a year ago. Consolidated revenue from operations grew nearly 2X to Rs 1,598 crore in FY22, from Rs 884 crore the previous year, the company said.
