HealthKart revenue grows 69% in FY23, loss narrows on improved unit economics

Omnichannel nutrition products retailer HealthKart reported a 69.5% year-on-year rise in operating revenue to Rs 832.48 crore during the fiscal year ended March 31, while its net loss nearly halved to Rs 164.71 crore.

However, the Gurugram-based company’s total expenses grew only 21.5% during the year to Rs 1,016.5 crore – pointing to an improvement in its unit economics.