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Third Wave Coffee sees full-year sales surge but losses widen amid dash for growth

The Indian specialty coffee chain posted 67% year-on-year annual sales growth but saw losses double amid higher costs for staffing, rent and raw materials

A Third Wave Coffee store in Bengaluru | Photo credit: Third Wave Coffee/Facebook

The Indian specialty coffee chain posted 67% year-on-year annual sales growth but saw losses double amid higher costs for staffing, rent and raw materials

Bengaluru-based Third Wave Coffee has reported mixed full-year results with healthy revenue growth offset by heavy losses as the coffee chain ramps up growth plans.

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