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Akshat kumar Jain

Front end developmen... • 10m

Wow Momo has doubled its revenue every year Founded in 2008, Wow! Momo has become a national phenomenon with over 500 outlets across 25 Indian cities. Let's dive deeper into their impressive FY23 financials Revenue Soars: Total revenue, including other income streams, jumped a whopping 87.3% to INR 416.3 Cr in FY23, compared to INR 222.19 Cr in FY22. Growth Drivers: This surge can be attributed to two key factors: a strategic expansion in the number of stores and the introduction of exciting new brands like Wow! Chicken, Wow! China, and China Belly. 🇨🇳 Profitability Watch: While net loss grew slightly (13%) to INR 60.5 Cr in FY23 from INR 53.4 Cr the previous year, the overall growth story remains positive. Will their hot streak continue?

1 replies4 likes

Replies (1)

Anonymous 1

Hey I am on Medial • 10m

Crazy stuff. But I don’t think will be happen year on year without foreign expansion. Wow mom can be the first kfc or mcd from India

0 replies

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Zomato Is Beating Swiggy In The Food Delivery Race! Swiggy posted Rs 8,265 Cr revenue in FY23, but its losses climbed to Rs 4179 Cr. With that its outstanding losses reaches to 27,000 Cr. Swiggy is looking to turn profitable by the second half of th

zomato

swiggy

Votes: 40

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