Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Unnati Agri crosses Rs 500 Cr revenue in FY24; losses widen marginally
Unnati Agri Crosses ₹500 Cr Revenue in FY24, Losses Widen Marginally Unnati Agri, an agri-tech startup, has reported crossing ₹500 crore in revenue for Fiscal Year 2024. However, the company's losses have marginally widened during the same period. While the revenue growth indicates successful market penetration and increased adoption of its agricultural solutions, the widening losses suggest ongoing investments in growth, operational costs, or strategic expenditures that are yet to yield profitability. This highlights the typical financial trajectory of high-growth startups in the agritech sector.