Duroflex has reported 18.2% growth in its revenue from operations to Rs 1,057Cr, up from Rs 894 crore in the previous fiscal year. The company also cut its losses by 59.46%, reducing them to Rs 15Cr in FY23 from Rs 37Cr in FY22. Meanwhile, its competitor, Wakefit, recorded Rs 813Cr in revenue but incurred a Rs 146Cr loss in FY23.