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8.6% increase in revenue for Koovs

Related Keywords: Being Human, Future Lifestyle Fashions Ltd, Koovs, lifestyle, London, Nike, revenue, traffic

Online fashion retailer Koovs Plc. reported a 8.6% rise in revenues for FY19 to ₹59 crore, up from the ₹54.3 crore reported in 2017-18, according to the company’s annual report.

Koovs’ total comprehensive loss for the year ended 31 March 2019, however, widened to ₹137.9 crore from ₹134.27 crore in the year-ago period, as its operating expenses grew 12% to ₹123.2 crore.

The gross order value stood at ₹117.8 crore down 6% from a year earlier.

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