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GoMechanic achieves operational profit in April-June; FY24 revenue hits Rs 210 crore

Economic Times · 9m

GoMechanic, a car services and repair platform, has announced its operational profit for the June 2024 quarter under new management. After being acquired by Servizzy, a subsidiary of the Lifelong Group, GoMechanic has experienced significant growth. The company posted a revenue of Rs 210 crore in the financial year 2023-24 and a revenue of Rs 85 crore in the April-June 2024 quarter. GoMechanic plans to expand its presence to 1,000 cities by 2027 and aims to service 1 out of 10 cars in the country by then.