Snitch, an Indian D2C fashion brand, reported an operating revenue of 520 crore rupee (US$60.82 million) for FY25, up from 243 crore rupee (US$28.42 million) in FY24.

Its EBITDA rose nearly fivefold to 30 crore rupee (US$3.51 million), while net profit for FY25 was not disclosed.

In FY24, the company posted a net profit of 4.4 crore rupee (US$514,632).

CEO Siddharath Dungarwal attributed the improved profitability to a 50% cut in promotional expenses and a shift toward offline expansion.

The brand now operates 51 stores across cities like Ahmedabad, Delhi, Hyderabad, and Pune, with plans to add 50 more in the next six months.

Founded in 2019, Snitch sells men’s apparel through its website, stores, and online platforms. It plans to expand into pluswear, bags, footwear, and sunglasses in FY26, and will launch a pilot in the Middle East by December 2025.

So far, it has raised US$13.4 million from investors like SWC Global and IvyCap Ventures.

Recent Snitch developments