Duroflex reported a modest increase in revenue for the financial year FY25, alongside a significant jump in profitability, according to its consolidated financial filings with the Registrar of Companies.
The company’s total revenue rose to Rs 1,153 crore in FY25, reflecting a 4.2% growth compared to Rs 1,106.5 crore recorded in the previous financial year. Revenue from product sales remained the primary contributor, while additional income came from other operating and non-operating sources, including returns from fixed deposits and investments.
On the expenditure front, the cost of goods sold saw an increase, indicating higher production expenses during the year. However, employee benefit costs registered a slight decline, suggesting improved cost management. Advertising expenses also dropped notably, pointing to a more controlled marketing spend during the period. Overall, total expenses remained largely stable with only a marginal increase compared to FY24.
Despite the moderate rise in revenue, the company recorded a sharp improvement in its bottom line. Net profit surged to Rs 47.2 crore in FY25, marking a fourfold increase from Rs 11.2 crore reported in the previous year, highlighting stronger operational efficiency and improved margins.
Headquartered in Bengaluru, Duroflex has grown into one of India’s well-known sleep solutions brands since its founding in 1963 by P. C. Mathew in Alappuzha. The company has expanded its portfolio beyond mattresses to include furniture and sleep accessories, catering to a wide range of consumer needs.
With a workforce of around 800 employees, Duroflex maintains a strong distribution network of over 6,000 retail partners across the country. It also continues to strengthen its online presence through its direct-to-consumer platform and major e-commerce marketplaces, supporting its growth in India’s evolving home and lifestyle segment.
