The funds will be utilize to accelerate the growth of the company.
RattanIndia Enterprises serves as the growth engine of the RattanIndia Group dedicated to pioneering new-age businesses. With a focus on innovative technologies, RattanIndia Enterprises is driving the transformation of various industries, including Electric Mobility (Revolt Motors), E-commerce (Cocoblu Retail), Fashion brands (Neo Brands), Fintech (WeFin), and Drones (Neosky), with the goal of positively impacting the lives of millions of Indians.
The company’s consolidated net loss widened to Rs 355.89 crore in Q4 FY25 as compared with net loss of Rs 81.29 crore in Q4 FY24. Net sales jumped 16.2% YoY to Rs 1,504.56 crore in Q4 FY25.
The counter jumped 4.48% to end at Rs 63.23 on the BSE.