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Contract manufacturing unicorn Zetwerk records 82% spike in losses
short by Kanishk / on Sunday, 29 October, 2023
Zetwerk reported an 82% increase in losses for FY23 at Rs 108.7 crore from Rs 59.76 crore in FY22 on a consolidated basis. The contract manufacturing company's revenue from operations grew by nearly 130% to Rs 11,448.6 crore. Apart from its India entity, Zetwerk also has regional operations across Singapore, the US, and the Middle East.
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