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Packaged food brand iD Fresh's revenue rises 16% to Rs 558 crore in FY24; turns profitable

  • Bengaluru-based packaged food startup iD Fresh has achieved profitability in FY24, reporting a net profit of Rs 4.56 crore.
  • iD Fresh's operating revenue in FY24 was Rs 557.84 crore, indicating a growth of 16.3% compared to the previous fiscal year.
  • The company's ready-to-cook batters segment witnessed a 24% YoY growth in sales, reaching Rs 237 crore.
  • iD Fresh recently entered the spices market and plans to strengthen its presence in northern India.

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