India: Tiger Global-backed Quikr narrows losses in FY18, revenue up 52%

India: Tiger Global-backed Quikr narrows losses in FY18, revenue up 52%

Quikr HQ. Photo: Livemint

Online classifieds portal Quikr has recorded a 52% jump in net revenues at Rs 199.98 crore, while losses narrowed for the year ended March 2018( FY18), according to documents filed with the Registrar of Companies. Quikr posted net consolidated revenue of Rs 130.81 crore in last financial year. The company’s operational revenues also soared 95% to Rs 173.5 crore from Rs 88.67 in FY17 and 41.24 in FY16.

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