Voonik reaches Ebitda profitability

The company saw Rs 117 crore in revenue in financial year 2017, while the burn was Rs 135 crore. In FY16, Voonik’s revenue was Rs 26 crore while burn was Rs 86 crore.

By ET Bureau | Jan 04, 2018, 09.06 AM IST

BENGALURU: Voonik has reached Ebitda profitability at a monthly level, CEO Sujayath Ali said on Wednesday.

The company saw Rs 117 crore in revenue in financial year 2017, while the burn was Rs 135 crore. In FY16, Voonik’s revenue was Rs 26 crore while burn was Rs 86 crore.

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