Brands
Astrotalk revenue surges 85 per cent in FY25 as paid consultations soar
NATIONAL: Astrotalk has posted a sharp 85 per cent jump in revenue for FY25, fuelled by rising user engagement, higher paid consultations and stronger monetisation across its app-led astrology services in India’s major cities.
Total income climbed to Rs 1,214 crore in FY25, up from Rs 656 crore in the previous year, while revenue from operations stood at Rs 1,176 crore, reflecting sustained demand across its core consultation business. Tier-I markets continued to drive the bulk of platform activity, supported by higher usage frequency, improved conversions and stronger repeat behaviour.
To support rising volumes and maintain service quality, the company stepped up investments in marketing, technology infrastructure, operations and customer experience. Total expenses more than doubled to Rs 1,129 crore in FY25 from Rs 542 crore a year earlier, largely due to talent additions across technology and operations as part of long-term capacity building.
The financials also included a one-time exceptional employee-related expense of around Rs 120 crore, most of it non-cash, along with a non-cash mark-to-market adjustment of about Rs 80 crore linked to CCPS instruments following IndAS adoption.
Adjusted for these one-off and non-cash items, profit before tax rose to Rs 285 crore in FY25 from Rs 127 crore in FY24, marking a growth of roughly 125 per cent and signalling improving operating efficiency at scale.
Astrotalk co-founder and CBO Anmol Jain, said FY25 delivered steady revenue momentum, driven by deeper engagement, higher repeat usage and enhanced monetisation, particularly in urban markets. He added that measured investments in technology and team expansion were aimed at strengthening reliability and supporting long-term growth.
User engagement on the platform rose 27 per cent year-on-year, with stronger interaction across services reinforcing the company’s app-first model. As part of its diversification push, Astrotalk Store, the company’s e-commerce arm, generated over Rs 140 crore in CY25 within a year of launch, backed by demand for astrology-linked products.
Astrotalk is backed by Left Lane Capital and Elev8 Venture Partners, and last raised around Rs 117 crore in June 2024 at a pre-money valuation of Rs 2,400 crore.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
