<ul><li>Omnichannel meat and seafood retailer Licious narrowed its FY24 losses by 44% to Rs 293.77 crore.</li><li>The company reported a revenue of Rs 685.05 crore in FY24, an 8% decline from the previous year.</li><li>Closure of distribution channels and deprioritizing exposure to modern trade and local stores contributed to the revenue decline.</li><li>Licious plans to focus on owned channels for distribution and aims to achieve EBITDA breakeven by the end of this year.</li></ul>

Licious pares FY24 losses by 44%; revenue slides 8% to Rs 685 Cr

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