Curefit's revenue jumps 31%; eyes profitability by FY26-end
Curefit just posted a strong year, with revenue up 31% to ₹1,216 crore for FY25.
The boost came from more people joining group classes and personal training—both online and offline.
Losses shrinking, profits in sight
The company managed to cut its EBITDA loss down to ₹36 crore from last year's ₹209 crore, while margins improved too.
CEO Naresh Krishnaswamy says they expect their fitness services to turn profitable by mid-FY26 and are aiming for overall profitability by the end of that year.
Steady valuation and IPO plans ahead
Curefit raised $2 million recently without changing its $1.6 billion valuation—a level it's held for four years.
Despite some layoffs in January 2024 to keep costs in check, the company is moving ahead with plans for a stock market debut in 2026, hoping these changes set them up for even more growth.