Bombay Swadeshi Stores has released its FY24 results

04 September 2024

Financial Performance: Bombay Swadeshi Stores has performed well in all the verticals in FY24. The company's revenue has increased from Rs 70 crores in FY23 to Rs 83 crores in FY24, a growth of 18%. The company's net profit has also increased by 12% to Rs 9 crores in FY24 from Rs 8 crores in FY23. EPS has also grown along the same lines.

The company's total equity has increased by 148% to Rs 16 crores in FY24 from Rs 6 crores in FY23 due to a significant rise in the reserves & surplus in the balance sheet. The total assets has remained flat in this fiscal year.