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Jewellery startup GIVA doubles topline in FY25
Financial Express Lucknow
|May 08, 2025
SHINING BRIGHT
PREMJI INVEST-BACKED jewellery startup GIVA has doubled its topline from ₹255 crore to around ₹510 crore during the 2024-25 financial year. It also narrowed its losses on the back of stronger same-store sales growth, founder and CEO Ishendra Agarwal told FE.
Same-store sales, also called comparable-store sales, measure the revenue growth of a retail chain's existing stores over a period, excluding impact from new store openings or closures.
Agarwal said same-store sales growth was over 65% in FY25. This helped the company reduce its losses to about ₹42 crore from ₹47 crore in FY24.
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