With a 23% increase in sales during the most recent fiscal year, luxury vacation home rental platform StayVista maintained its consistent growth. In FY24, the business was able to cut its losses by more than one-third at the same time.
According to its financial statement obtained from the Registrar of Companies (RoC), StayVista's operating revenue climbed from Rs 114 crore in FY23 to Rs 140 crore in FY24.
Property owners and vacationers looking for rental accommodations are connected with StayVista. The technology facilitates online bookings and payments while allowing property owners to offer their rentals. The company's only source of income came from the sale of these services.
The business reported total revenue of Rs 143.48 crore for the most recent fiscal year, with a small contribution from other sources of income.
Recently, Decathlon, a well-known sporting goods retailer, made over Rs. 4,000 crore in revenue in India and reported a profit of Rs. 197.19 crore in FY24.
Decathlon Sports India Pvt Ltd reported operating revenue of Rs. 4,008.26 crore for the fiscal year that ended on March 31, 2024, which represents a 2.24 percent increase.
In FY24, Decathlon Sports reported a total income of Rs. 4,066.40 crore, the highest in the last five years. Sales amounted to nearly half a billion USD.
Its operating revenue in FY22 was Rs. 2,897.77 crore, while in FY21 and FY2020 it was Rs. 2,049.28 crore and Rs. 2,208.39 crore, respectively.
One of the top French retailers of sporting goods, Decathlon SE, owns Decathlon Sports India. Sports goods, such as clothing, gear, and accessories, were its main product.
In FY24, Decathlon increased its advertising spending by 33% to Rs. 87.49 crore.
