Bira beer maker raises ₹85 cr in rights issue, cuts workforce to rein in costs

As per B9 Beverages' most recent filings with the ministry of corporate affairs, its operating revenue slumped to ₹638.5 crore in FY24 from ₹824.3 crore in FY23. Losses also widened significantly, rising to ₹748.8 crore in FY24 compared to ₹445.4 crore in FY23.

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