<ul><li>Packaged foods seller iD Fresh turned profitable in FY24, earning a net profit of Rs 4.56 crore against a loss of Rs 32.8 crore in the previous year.</li><li>iD Fresh recorded a 16.3% YoY increase in operating revenue to Rs 557.84 crore in FY24, compared to Rs 479.29 crore in the previous year.</li><li>Total expenses rose 8% YoY to Rs 558.2 crore in FY24, primarily due to an increase in the cost of materials, employee benefits expenses, and other expenses including advertising costs.</li><li>The ready-to-cook batters segment saw a 24% YoY increase in sales to Rs 237 crore, while the sales of the parotta segment increased by 10% YoY to Rs 183 crore.</li></ul>

iD Fresh turns profitable, clocks 16% rise in FY24 revenue

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