After aggressive expansion that saw losses balloon in FY23, Ferns N Petals (FNP) has engineered a sharp turnaround. Global CEO & Director Pawan Gadia tells Anees Hussain how the company plans to scale both domestic and international operations. Excerpts:

Q: FNP cut losses significantly in FY24 and turned Ebitda positive in FY25. What’s the profitability outlook for this year?

Gadia: We reported around 1% positive Ebitda in FY25. And we will be back to being profitable at profit after tax level by the end of FY26. In terms of revenue we are aiming for somewhere around Rs 1,100 crore net revenue by end of FY26. The year thereafter, we’re looking at 30% growth. And all of this growth is going to be profitable. Both India and international business will continue to grow at 30% year-over-year

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