- Consumer appliances brand Atomberg saw an 86.4% increase in revenue to Rs 645 crore in FY23, up from Rs 346 crore in FY22.
- The company’s expenses also rose, with total expenditure doubling to Rs 787 crore in FY23, leading to a 3.5X surge in losses to Rs 138 crore.
- Despite the losses, Atomberg continues to invest in brand building and product design improvements, aiming for a larger market share and better margins.
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