Farmley derived 99.6% of its operating revenue (INR 393 Cr) from domestic sales, while the remaining INR 70.13 Lakh came through exports
In line with its strong topline performance, Farmley’s total expenditure also soared 266.2% to INR 36.1 Cr in FY25 from a mere INR 9.9 Cr in FY24
Founded in 2017, Farmley sells dry fruits and nuts in different flavours and snacking formats such as roasted peri peri makhanas, thai chilli cashews and date bites
D2C snacking brand Farmley narrowed its net losses by nearly 15% to INR 22.6 Cr in the fiscal year 2024-25 (FY25) compared to INR 26.5 Cr in the year ago period.
Meanwhile, the startup’s operating revenue soared 71.2% to INR 394.2 Cr in the fiscal year as against INR 230.2 Cr in FY24. Farmley derived 99.6% of its operating revenue (INR 393 Cr) from domestic sales, while the remaining INR 70.13 Lakh came via exports.
Including other income of INR 2.22 Cr, Farmley’s overall income rose almost 72% year-on-year (YoY) to INR 396.5 Cr in FY25.
Founded in 2017 by Abhishek Agarwal and Akash Sharma, Farmley sells dry fruits and nuts in different flavours and snacking formats such as roasted peri peri makhanas, thai chilli cashews and date bites, among others.
The D2C brand sells its products via both ecommerce and quick commerce platforms like Amazon, Flipkart, Blinkit, Zepto, Instamart and Big Basket. It also claims to have a presence at more than 15,000 retail counters across India.
The Delhi NCR-based startup has raised $54.7 Mn in funding to date from the likes of L Catterton, Omnivore, Alkemi Growth Capital, Insitor, DSG Consumer Partners, among others.
Zooming Into Farmley’s FY25 Expenses
In line with its strong topline performance, Farmley’s total expenditure also soared 266.2% to INR 36.1 Cr in FY25 from a mere INR 9.9 Cr in FY24.
Employee Benefit Expenses: Employee costs, which include salaries, wages, bonus, gratuity, and staff welfare, surged 70.6% to INR 27.2 Cr from INR 15.9 Cr in FY24.
Cost Of Materials Consumed: The D2C brand spent INR 280.8 Cr under this bucket, or 67% of its overall expenses, in FY25, up 53.2% from 183.3 Cr in the year ago period.
Marketing Expenses: Farmley also spent INR 51.8 Cr on marketing initiatives during the year under review, up 95.7% from INR 26.5 Cr in FY24.
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