The company has already repaid Rs 50 lakh of its bank debt, bringing it down to Rs 6 crore. The company plans to repay an additional Rs 10 crore by the end of this quarter and become debt-free by FY 2023-24. In FY23, the company's net sales increased by 61.2 per cent to Rs 403 crore and its net profit increased by 900 per cent to Rs 10 crore compared to FY22.