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  • Institution Name: Indian Institute of Management - Calcutta: India Business Insight

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    Yash Agarwal
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    Pepperfry, an Indian furniture and home furnishing marketplace, reduced its losses by 17% in 2016-2017 driven by a 30% increase in revenues to Rs127.5 crore. Its losses dropped to Rs129 crore from Rs155 crore the previous year as total expenses fell slightly. The company plans to expand its retail studio presence across India by opening 25 more studios by March 2018.

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    Pepperfry, an Indian furniture and home furnishing marketplace, reduced its losses by 17% in 2016-2017 driven by a 30% increase in revenues to Rs127.5 crore. Its losses dropped to Rs129 crore from Rs155 crore the previous year as total expenses fell slightly. The company plans to expand its retail studio presence across India by opening 25 more studios by March 2018.

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    11 views1 page

    Institution Name: Indian Institute of Management - Calcutta: India Business Insight

    Uploaded by

    Yash Agarwal
    Pepperfry, an Indian furniture and home furnishing marketplace, reduced its losses by 17% in 2016-2017 driven by a 30% increase in revenues to Rs127.5 crore. Its losses dropped to Rs129 crore from Rs155 crore the previous year as total expenses fell slightly. The company plans to expand its retail studio presence across India by opening 25 more studios by March 2018.

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    © All Rights Reserved
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    INDIA BUSINESS INSIGHT | 15 Jul, 2018

    Institution Name: Indian Institute of Management - Calcutta


    ..

    Search Keyword: furniture (1 Result/s )

    1. OFFLINE GROWTH HELPS LIFT PEPPERFRY'S TOPLINE, LOSSES COME DOWN 17% (to
    Rs129 crore in 2016-2017 from Rs155 crore in 2015- 2016)

    Source: Economic Times; 08 Dec 2017;Pg 4.


    Companies: Pepperfry.com.
    Business Terms: Sales; Financial performance.
    Summary:
    Pepperfry has reduced its loss by 17 percent in 2016-2017 driven by growth in revenues. It has
    recorded a revenue of Rs127.5 crore in 2016-2017, up 30 percent year-on-year. Its loss dropped to
    Rs129 crore in 2016-2017 from Rs155 crore in 2015-2016, while total expenses stood at Rs256
    crore (Rs253 crore) marketing and advertising costs at Rs138 crore (Rs155 crore). The furniture
    and home furnishing marketplace plans to open 25 more studios by Mar 2018 in addition to 23
    studios in 11 cities now.

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