The Souled Store FY25: Profit Falls 38% To INR 11 Cr Despite 37% Revenue Growth

by · Inc42

SUMMARY

  • The Souled Store’s net profit declined 38% to INR 11 Cr in FY25 from INR 17.7 Cr, reflecting the absence of a tax credit booked in FY24
  • Operating revenue jumped 37% to INR 492.4 Cr in FY25 from INR 360.2 Cr in the previous year
  • Total expenses grew 36% to INR 487.5 Cr during the year under review INR 358.4 Cr in FY24