AstroTalk experienced over two-fold growth in the fiscal year ending March 2024, with a roughly 12-fold profit increase

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Company’s revenue from operations increased by 2.3X to Rs 651.12 crore from Rs 283.32 crore in FY23

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AstroTalk is a digital astrology consultancy platform that connects people with professional astrologers through mobile and online apps

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In FY24, income from India increased by 2X to Rs 529.6 crore, while revenue from outside countries increased by 4.2X to Rs 121.44 crore through exports

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In FY24, the company's total revenue was Rs 659 crore, including Rs 8 crore in interest income

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In FY24, employee benefit expenses made up 5.5% of total expenses and climbed by 28.29% year on year to Rs 29.61 crore

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Last fiscal year, advertising and promotional expenses surged by 116% to Rs 162.68 crore

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Legal and professional charges accounted for 60% of total expenses, increasing by 103% to Rs 319 crore in FY24

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In FY24, AstroTalk's overall cost increased by 97.9% to Rs 531 crore due to additional expenses in finance, software, and website maintenance

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TheKredible reports that startups in this industry, including AstroTalk, Vama, Ustav App, DevDham, InstaAstro, and Melooha, have raised approximately $60 million in the last 15 months

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