Groyyo hits profitability, eyes Rs 500 crore revenue by FY25
28 January 2025, Mumbai
Groyyo, Asia’s fastest-growing manufacturing tech and consulting company, has become EBITDA positive, marking a key step toward sustainable profitability. This milestone reflects the company’s strategic focus on design-led exports, operational excellence, and innovative supply chain solutions.
Exporting over 90 per cent of its output to global clients like Next, Mango, Inditex, Ross, and Bestseller Group, Groyyo leverages its in-house Design Studio to deliver tailored, high-quality designs, establishing a competitive edge in international markets.
Groyyo Consulting has upgraded partner factories into ‘Groyyo Standard’ facilities by implementing advanced technology and compliance frameworks. Some of these factories are solar-powered, aligning with global efficiency and sustainability standards.
The company is on track to achieve an annual run rate of Rs 450-500 crore by FY25, driven by its robust growth and 20 per cent gross profit margins.
SubinMitra, CEO and Co-founder, stated, “Becoming EBITDA positive validates our business model and fuels our vision to be a trusted partner in the global supply chain ecosystem.”