Ferns N Petals crosses Rs 700 Cr revenue in FY24; losses drop by 78%

Ferns N Petals, a leading gifting and flower delivery company, crossed Rs 700 crore in revenue for FY24, with losses dropping by 78%. The company’s improved financial performance is attributed to its strategic focus on expanding its product range, enhancing customer experience, and optimizing operational efficiencies. Ferns N Petals also invested in technology to streamline its supply chain and improve delivery services. The significant reduction in losses reflects the company’s efforts to achieve sustainable growth and profitability. Ferns N Petals plans to continue its expansion into new markets and product categories, leveraging its strong brand presence and customer loyalty to drive future growth.