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InsuranceDekho’s Net Loss Narrows 29% To INR 51.5 Cr In FY23

InsuranceDekho’s Net Loss Narrows 29% To INR 51.5 Cr In FY23

InsuranceDekho, the insurance arm of CarDekho, has reported a 29% decrease in net loss for FY23. The company's operating revenue doubled to INR 96.4 Cr, contributing to this improvement. Total expenses increased by 25% to INR 151.8 Cr, with employee benefits being the largest expenditure. InsuranceDekho aims to break even by the end of the next financial year.

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