Results · Commerce & Consumer Brands

GIVA’s loss widens 23% to ₹72.3 Cr in FY25 as revenue jumps 90%

By Startup Enthusiast · 24 February 2026

What they do

GIVA is a direct-to-consumer jewellery brand that sells silver, gold, and lab-grown diamond jewellery through its website and physical stores

In FY25, GIVA’s net loss increased by 23% to ₹72.3 Cr, but its revenue grew by 90% to ₹518 Cr, driven by higher sales and expansion

The company is expanding its offline presence, operating over 240 stores across 48 cities, and plans to reach 1,000 stores by 2028

GIVA’s net loss widened 23% to ₹72.3 Cr in FY25, while its revenue surged 90% to ₹518 Cr.
Total income in FY25 was ₹523.3 Cr, including ₹5.3 Cr from bank interest and investment sales.
Expenses rose 76% to ₹595 Cr, with the biggest increase in cost of materials (97% YoY) and employee expenses (84% YoY).
Marketing expenses grew 52% to ₹121.5 Cr, and rent expenses more than doubled due to increased offline store count.
GIVA is expanding its offline presence, operating over 240 stores across 48 Tier I & II cities in India.

The company’s revenue growth is attributed to increased sales and expansion into new product categories like men’s jewellery.
Despite rising losses, GIVA is planning to go public in the next 2-3 years, indicating confidence in its future growth.
The company is also exploring quick commerce through its 'GIVA Go' service, offering two-hour deliveries in select areas.

GIVA sells silver, gold, and lab-grown diamond jewellery through its website and physical stores.
It operates over 240 stores across 48 Tier I & II cities in India and plans to expand to 1,000 stores by 2028.
The company also offers a 'GIVA Go' service for quick commerce, delivering products within two hours in select areas.
GIVA’s revenue in FY25 was ₹518 Cr, with a net loss of ₹72.3 Cr, but it is planning to go public in the next 2-3 years.
The company competes with D2C brands like BlueStone and CaratLane, which have also seen significant growth and acquisitions.