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Licious Results: Licious sees losses narrow 38%, revenues advance 9.5%, ET Retail

Licious Results: Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials consumed, which in Licious’s case would mostly constitute the purchase of meat and fish products, totalled Rs 644.7 crore, against Rs 554.3 crore in FY22. ....

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licious results: Licious's losses narrow 38%, revenues advance 9.5%

Liciouss total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials consumed, which in Liciouss case would mostly constitute the purchase of meat and fish products, totalled Rs 644.7 crore, against Rs 554.3 crore in FY22. ....

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