MS Dhoni-Backed HomeLane’s FY22 Loss Surges 1.5X To INR 153 Cr

MS Dhoni-Backed HomeLane’s FY22 Loss Surges 1.5X To INR 153 Cr

SUMMARY

The home interior startup’s operating revenue grew 1.55X to INR 426.13 Cr from INR 275.69 Cr in FY21

HomeLane’s expenses grew 1.54X to INR 584.3 Cr in FY22 from INR 380.42 Cr in FY21

From a unit economics perspective, HomeLane spent INR 1.37 to earn every INR 1 from operations in FY22

Home interior startup HomeLane’s standalone net loss zoomed 1.49X to INR 153.05 Cr in the financial year 2021-22 (FY22) from INR 102.38 Cr in FY21 as its expenses rose in line with the growth in its business.

The MS Dhoni-backed home interior startup’s operating revenue grew 1.55X to INR  426.13 Cr from INR 275.69 Cr in the previous year. 

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