While the operating revenue of the wearable devices and smartphone accessories brand jumped 1.8X to INR 1,426.5 Cr in FY23, the net profit declined 39.4X to just INR 88 Lakh in FY23 from INR 35.5 Cr a fiscal ago. This staggering fall in the net profit can be accredited to a 1.9X rise in total expenses to INR 1,431.6 Cr.