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Tiger Global-backed BlackBuck’s FY23 loss widens to Rs 290 Cr
short by Swetha K / on Wednesday, 6 December, 2023
Logistics firm BlackBuck has posted a widened loss of Rs 290 crore in the 2023 financial year, up 2% from Rs 284 crore in the previous year. Revenue from operations fell 15% to Rs 704 crore, from Rs 832 crore last year, indicating business slowdown. Last year, the company shifted focus from running a trucking marketplace to digital value-added services.
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