Curefoods reports Rs 635 Cr income in FY24, halves losses

Curefoods, a cloud kitchen startup, reported an income of Rs 635 crore in FY24, marking a significant milestone in its financial performance. The company also managed to halve its losses, demonstrating improved operational efficiency and a stronger market position. Curefoods has expanded its portfolio of food brands, focusing on delivering high-quality, ready-to-eat meals to a growing customer base. Despite the improvement, the company continues to face challenges related to competition, customer acquisition, and supply chain management. Curefoods is expected to continue its focus on scaling operations and improving profitability, with hopes for further reducing losses in the coming fiscal years.