The Indian startup ecosystem has witnessed a massive transformation in its operational ethos and strategic priorities over the past few years. The onset of the funding winter in 2022, following the funding boom of 2021, brought the biggest change.
As funding dried up, many Indian startups had to shut shop or resort to mass layoffs to extend their runway and slash cash burn. Having become accustomed to readily available capital, new-age tech companies were compelled to confront the harsh realities of unit economics and operational efficiency.
But as they say, adversity breeds resilience. Companies quickly pivoted from their earlier mantra of “growth at all costs” to achieving profitability at the earliest. High promotional and marketing expenses, exorbitant pay hikes, and overhiring – once a common norm – were curtailed as the focus moved to bottom lines.
These efforts to trim losses and improve operational efficiency was evident in the financial statements of Indian startups for the fiscal year 2023-24 (FY24). While just 36 of the 146 startups posted profits in FY23, the number improved to 45 (out of 112) in FY24.
This trend is likely to continue in FY25 as well, with the number of Indian startups posting profits and cutting down losses expected to increase.
To keep you up to date with the financials of new-age tech companies and provide their key numbers at one place, we at Inc42 have launched the FY25 Financial Tracker. The tracker would be updated periodically to help you deep dive into the financials of Indian startups.
Currently, 62 new-age tech companies are part of this tracker. They collectively posted an operating revenue of INR 2.33 Lakh Cr in FY25, up 18.2% from INR 1.96 Lakh Cr in the previous fiscal. Of these, 24 reported a cumulative net loss of INR 14,163.9 Cr, while 38 generated a cumulative net profit of INR 7,831.66 Cr.
Editor’s Note: This list is not a ranking of any kind, we have placed the companies alphabetically. This is a running list and will be updated periodically.
Inside The FY25 Financials Of Indian Startups Note: All amount in INR Cr
| Company Name | Operating Revenue (FY25) | Operating Revenue (FY24) | Revenue Change In % YoY | Loss/ Profit (FY25) | Loss/ Profit (FY24) | Loss/Profit Change In % YoY | Employee Benefit (FY25) | Employee Benefit (FY24) | Advertisement Spends (FY25) | Advertisement Spend (FY24) |
| Amagi | 1,163 | 879.1 | 32.23 | -68.7 | -245.00 | -7195.92% | 694.8 | 663.4 | ||
| Amazon Seller Services | 30,139 | 25,406.0 | 18.62 | -374.3 | -3,469.50 | 89.21 | 2,656.50 | 2,771.20 | ||
| ArisInfra | 768 | 696.8 | 10.16 | 6 | -17.20 | -134.88 | 36 | 30 | – | – |
| Ather | 2,255 | 1,753.8 | 28.58 | -812.3 | -1,059.70 | -23.35 | 412.4 | 369.2 | ||
| Awfis | 1,208 | 848.9 | 42.24 | 67.8 | -17.50 | 136 | 135.6 | – | – | |
| BigBasket | 9,867 | 10,062.0 | -1.94 | -2,006.80 | -1,415.20 | 41.80 | 971.2 | 936.5 | 496.8 | 330 |
| BlackBuck | 426.7 | 296.9 | 43.72 | -8.6 | -193.9 | -95.56 | 147 | 286.9 | ||
| BlueStone | 1,770 | 1,265.8 | 39.83 | 221.8 | 142.2 | 55.98 | 202.6 | 138.4 | 15.9 | 12.4 |
| boAt | 3,073 | 3,117.7 | -1.42 | 60.4 | -73.7 | 134.8 | 130.6 | 389.7 | 365.7 | |
| CarTrade | 641.1 | 489.9 | 30.86 | 145.2 | 19.9 | 629.65 | 284.3 | 246 | ||
| Delhivery | 8,932 | 8,141.5 | 9.71 | 162.1 | -249 | 1,375.90 | 1,436.70 | |||
| DevX | 159 | 108.0 | 47.04 | 1.74 | 0.43 | 304.65 | 13.20 | 7.50 | ||
| EaseMyTrip | 587 | 590.5 | -0.54 | 108.6 | 103.4 | 5.03 | 102.80 | 82.10 | 95.4 | 82 |
| Eternal | 20,243 | 12,114.0 | 67.10 | 527 | 351 | 50.14 | 2,558 | 1,659 | 1,972 | 1,432 |
| Fino Payments Bank | 1,847.00 | 1,478.3 | 24.94 | 92.5 | 86.2 | 7.31 | 206.5 | 177.3 | ||
| Flipkart Internet | 20,493.00 | 17,907.0 | 14.44 | -1,494 | -2,359 | -36.67 | 4,748.40 | 5,177 | 1,586.40 | 1,119.70 |
| FirstCry | 7,659.60 | 6,480.8 | 18.19 | -264.8 | -321.5 | -17.64 | 728.3 | 686.4 | ||
| Fractal | 2,765.40 | 2,196.3 | 25.91 | 220.6 | -54.7 | 2004.8 | 1,737 | |||
| Go Digit | 10,282 | 9,015.5 | 14.05 | 424.4 | 181.6 | 133.70 | 321.50 | 269.50 | ||
| Groww | 3,902 | 2,609.3 | 49.53 | 1,824.40 | -805.5 | 315.10 | 1,188.00 | |||
| IdeaForge | 165.90 | 317.0 | -47.67 | -51 | 47.8 | 49.4 | 52.5 | |||
| IndiaMart | 1,388.30 | 1,196.7 | 16.01 | 550.6 | 333.9 | 64.90 | 600.9 | 544 | 5.6 | 2.3 |
| Incred | 1,871.90 | 1,269.9 | 47.41 | 374 | 316.4 | 18.20 | 336.8 | 261.4 | – | – |
| IndiQube | 1,059.00 | 830.6 | 28.00 | -139 | -341 | -60.00 | 75.8 | 63.7 | – | |
| InsuranceDekho | 1,290.00 | 743.6 | 73.48 | -47.5 | 85.7 | 153.7 | 130.2 | 258.8 | 95.8 | |
| ixigo | 914.2 | 655.8 | 39.40 | 60.2 | 73 | -17.53 | 163.6 | 141 | – | – |
| Kissht | 1,337.47 | 1,674.5 | -20.12 | 160.62 | 197.29 | -18.59 | 193.3 | 180.7 | ||
| Lead School | 351.8 | 350.5 | 0.37 | 43.3 | 143 | -69.72 | 139.7 | 174.62 | ||
| LEAP India | 466.4 | 364.9 | 27.82 | 37.5 | 37.1 | 1.08 | 89.6 | 62.4 | ||
| LendingKart Finance | 862.2 | 1,142.0 | -24.50 | -288.3 | 60.1 | 164.7 | 147.4 | – | – | |
| Lenskart | 6,652.50 | 5,427.7 | 22.50% | 297.3 | -10.1 | 1,378.70 | 1,086.40 | |||
| Mamaearth | 2,067 | 1,920.0 | 7.66 | 73 | 111 | -34.23 | 200 | 171 | ||
| MapMyIndia | 463.2 | 379.4 | 22.09 | 147.6 | 134.4 | 9.82 | – | – | ||
| Menhood | 23.6 | 17.7 | 33.56 | 2.6 | 2.15 | 20.93 | 1 | 1 | 6.7 | 5.5 |
| Mobikwik | 1,163.90 | 866.9 | 34.26 | -122.3 | 8.9 | 165.2 | 114.3 | – | – | |
| Moglix | 6,007.25 | 5,209.5 | 15.31 | $99.60 | $191.28 | -47.90 | $240.60 | $227.40 | ||
| Myntra | 6,043.00 | 5,122.0 | 17.98 | $548.00 | $31.00 | 1,667.74 | $749.00 | $800.00 | 2,105.30 | 1,677.40 |
| Nazara | 1,623.90 | 1,138.2 | 42.67 | 50.9 | 74.7 | -31.86 | 287.4 | 186 | 376.8 | 177.5 |
| Navi Finserv | 2,271.00 | 1,906.2 | 19.14 | 221.9 | 668.8 | -66.82 | 172.3 | 149.9 | – | |
| Nykaa | 7,949.82 | 6,385.0 | 24.51 | 72.07 | 39.74 | 81.35 | 107.3 | 82.8 | – | – |
| Ola Electric | 4,514 | 5,010.0 | -9.90 | -2,276 | -1,584 | 43.69 | 463 | 439 | ||
| OYO | 6,253 | 5,388.8 | 16.03 | 245 | 230 | 6.62 | 616.1 | 744.4 | 169.8 | 66.5 |
| Paytm | 6,900 | 9,977.8 | -30.85 | -663.2 | -1,422.40 | -53.37 | 3,288.10 | 4,589.20 | 659.4 | 922 |
| PayU India | 5,563 | 4,527.9 | 22.86 | -248.1 | -429.50 | -42.24 | 667.60 | 614.30 | ||
| PB Fintech | 4,977 | 3,437.6 | 44.79 | 353.1 | 64.00 | 451.72 | 1,958.60 | 1,644.10 | 1,090.10 | 899 |
| PharmEasy | 5,872 | 5,664.2 | 3.67 | -1,516.80 | -2,522.00 | -39.86 | 908.30 | 699.30 | ||
| PhysicsWallah | 2,887 | 1,940.7 | 48.74 | -243.3 | -1,131.10 | -78.49 | 1,401.20 | 1,159.20 | 276.20 | 195.7 |
| RateGain | 1,077 | 957.0 | 12.50 | 208.9 | 145.30 | 43.77 | 398.70 | 379.90 | – | – |
| Swiggy | 15,226.70 | 11,247.3 | 35.38 | -3,116.70 | -2,350.20 | 32.61 | 2,012.10 | 2,711.70 | 1,850.70 | |
| TAC | 30.50 | 11.7 | 160.68 | 14.8 | 6.3 | 134.92 | 8.5 | 3.6 | – | – |
| TBO Tek | 1,737.40 | 1,392.8 | 24.74 | 229.8 | 200.5 | 14.61 | 376 | 277.3 | ||
| Trust Fintech | 31.60 | 35.0 | -9.82 | 9 | 12.57 | -28.40 | 9.49 | 6.45 | ||
| Tracxn | 84.40 | 82.7 | 2.06 | -9.5 | 6.5 | 73.8 | 69.2 | |||
| Turtlemint | 674.50 | 505.0 | 33.56 | -47.1 | 7.4 | 107.5 | 118.6 | |||
| Unicommerce | 134.7 | 103.5 | 30.14 | 17.6 | 13.1 | 34.35 | 61.1 | 62 | – | – |
| Urban Company | 1,144.40 | 828.0 | 38.21 | 239.7 | -92.7 | 350.1 | 344.8 | 172.7 | 173.1 | |
| Veefin | 78.5 | 24.9 | 215.26 | 16.2 | 7.39 | 119.22 | 27.3 | 6.15 | – | – |
| WeWork India | 1,949.20 | 1,665.1 | 17.06 | 128.2 | 135.7 | -5.53 | 115 | 113.9 | ||
| Yatra | 791.4 | 422.3 | 87.40 | 36.5 | -4.5 | 59.9 | 73.6 | 41 | 45.3 | |
| Yudiz | 21 | 26.1 | -19.50 | -1.71 | -2.8 | -39.00 | 21.2 | 20.4 | ||
| Zaggle | 1,303.70 | 775.5 | 68.11 | 87.8 | 44 | 99.55 | 66.7 | 51.2 | – | – |
| Zappfresh | 130.70 | 90.4 | 44.58 | 9.1 | 4.7 | 93.62 | 6.9 | 1.41 | 6.7 | 5.1 |
IPO-bound media SaaS unicorn Amagi trimmed its net loss by 71.9% to INR 68.7 Cr in FY25 from INR 245 Cr in FY24 on the back of strong revenue growth and controlled rise in expenses.
Revenue from operations zoomed 32.2% to INR 1,162.6 Cr during the year from INR 879.1 Cr in FY24.
Amagi’s total expenses for the period under review stood at INR 1,274.8 Cr, rising a mere 8.1% from INR 1,179.1 Cr in FY24.
Read More: Amagi’s Loss Narrows 72% To INR 69 Cr In FY25
Amazon Seller Services Cuts Loss By 89%Amazon Seller Services reduced its loss by 89% to INR 374.3 Cr in FY25 from INR 3,469.5 Cr in the previous fiscal year. Its operating revenue zoomed 19% to INR 30,138.6 Cr from INR 25,406 Cr in FY24.
The marketplace arm of Amazon India saw its expenses rise 6% to INR 30,865.6 Cr in FY25 from INR 29,062.3 Cr in FY24.
Read More: Amazon Seller Services Trims Loss 89%, Revenue Crosses INR 30K Cr In FY25
ArisInfra Turns ProfitableArisInfra Solutions turned profitable in the year ended March 31, 2025, reporting a net profit of INR 6 Cr as against a net loss of INR 17.2 Cr in the previous year.
The company, which went public in June 2025, saw its revenue rise 10% to INR 767.6 Cr during the year under review from INR 696.8 Cr in FY24.
Meanwhile, total expenditure grew 6% to INR 762.3 Cr from INR 719 Cr in FY24.
Read More: ArisInfra Q4: Loss Declines 97%, Revenue Up 7% YoY To INR 221 Cr
Ather Energy Trims Its Loss To INR 812 CrListed EV major Ather Energy managed to trim its net loss by 23% to INR 812.3 Cr in FY25 from INR 1,059.7 Cr in the previous year. Its top line zoomed 29% to INR 2,255 Cr during the fiscal under review from INR 1,753.8 Cr in FY24.
Its expenses rose 16% to INR 3,117 Cr during the year under review from INR 2,674 Cr in FY24.
Read More: Ather Q4: Loss Narrows 17% YoY To INR 234 Cr
Awfis In The BlackDelhi NCR-based coworking company Awfis, which went public last year, reported a profit of INR 68 Cr in FY25 as against a net loss of INR 17.5 Cr in FY24. Besides turning profitable, it saw its operating revenue jump 42% to INR 1,208 Cr during the year under review from INR 849 Cr in FY24.
The company’s total expenses jumped 36% to INR 1,217 Cr in FY25 from INR 892.3 Cr in the previous fiscal.
Read More: Awfis Q4: Profit Jumps 8X YoY To INR 11.2 Cr
BigBasket’s Loss Crosses INR 2,000 Cr MarkTata Digital-owned BigBasket saw its consolidated net loss surge 42% to INR 2,006.8 Cr from INR 1,415.2 Cr in the previous financial year. Despite the rapid growth in the quick commerce segment in the country, BigBasket’s operating revenue declined 2% to INR 9,866.7 from INR 10,062 Cr in FY24.
Total expenditure increased 3% to INR 11,893.6 Cr in FY25 from INR 11,515.1 Cr in the previous fiscal year.
Read More: BigBasket FY25 Loss Crosses INR 2,000 Cr, Revenue Dips
BlackBuck’s Loss Narrows To INR 9 CrLogistics company BlackBuck posted a net loss of INR 8.6 Cr in FY25 as against a net loss of INR 193.9 Cr in FY24. However, its loss would have been higher if not for a tax credit of INR 244.6 Cr in FY25.
The company’s operating revenue jumped 43.7% to INR 426.7 Cr during the year under review from INR 296.9 Cr in FY24. The startup’s expenditure rose to INR 371.5 Cr, a 23% lower from INR 483.4 Cr a year earlier.
Read More: BlackBuck Posts INR 280 Cr Profit In Q4 On Tax Credit
BlueStone’s Loss WidensBlueSstone saw its net loss jump 56% to INR 221.8 Cr in FY25 from INR 142.2 Cr in the previous fiscal year, despite a strong growth in revenue. The omnichannel jewellery brand’s operating revenue zoomed 40% to INR 1,770 Cr during the fiscal year under review from INR 1,265.8 Cr in FY24.
In line with the rise in the top line, total expenses grew 41.7% to INR 2,049.9 Cr from INR 1445.7 Cr in FY24.
Read More: BlueStone Sees FY25 Losses Soar 56% On Offline Push
boAt Turns Profitable With INR 60 Cr PATAhead of its IPO, consumer electronics startup boAt returned to profitability in FY25. It posted a net profit of INR 60.4 Cr compared to a loss of INR 73.7 Cr in FY24.
However, the Aman Gupta-led startup saw a marginal decline in its operating revenue to INR 3,073.3 Cr in FY25 from INR 3,117.7 Cr in FY24.
Its total expenses for the fiscal year declined 6% to INR 3,040.4 Cr from INR 3,233.6 Cr in FY24.
Read More: boAt Turns Profitable In FY25, Posts INR 60 Cr PAT
CarTrade Posts INR 145 Cr ProfitCarTrade reported its highest-ever profit and revenue in FY25. Its bottom line skyrocketed 629.6% year-on-year (YoY) to INR 145.2 Cr from INR 19.9 Cr in FY24.
Meanwhile, operating revenue jumped almost 31% to INR 641.1 Cr in FY25 from INR 489.9 Cr in the previous fiscal year.
The company’s total expenses grew over 18% to INR 542.9 Cr in FY25 from INR 457.2 Cr in the previous fiscal
Read More: CarTrade Q4 Profit Jumps 85% YoY To INR 46 Cr
Delhivery Reports Maiden Profitable YearLogistics giant Delhivery reported its maiden profitable fiscal year in FY25, posting a net profit of INR 162.1 Cr as against a net loss of INR 249.2 Cr in FY24.
Its revenue from services increased 9.7% to INR 8,932 Cr in the year under review from INR 8,141 Cr in the last fiscal.
While the company’s EBITDA rose to INR 376 Cr in FY25 from INR 127 Cr in the previous fiscal, its EBITDA margin stood at 4.2% as against 1.6% in FY24.
Its total expenditure stood at INR 9,216.7 Cr in FY25, up 4% from INR 8,824.9 Cr in the previous fiscal year.
Read More: Delhivery Reports 4th Consecutive Profitable Quarter, Posts INR 73 Cr PAT In Q4
DevX’s Profit Surges 3.9XCoworking space provider Dev Accelerator’s (DevX) net profit zoomed 286% to INR 1.7 Cr in FY25 from INR 44 Lakh in FY24. Operating revenue rose 47% to INR 158.8 Cr during the year under review from INR 108 Cr in FY24.
Total expenses also ballooned 46.5% to INR 175.1 Cr in FY25 from INR 119.5 Cr in the previous fiscal year.
Read More: IPO-Bound DevX Sees Profit Surge 3.9X In FY25
EaseMyTrip’s Revenue Remains FlatDelhi NCR-based online travel aggregator EaseMyTrip’s top line remained almost unchanged in FY25. The startup reported an operating revenue of INR 587 Cr, a slight decline from INR 590.6 Cr in FY24. However, net profit grew 5% to INR 109 Cr from INR 103 Cr FY24.
Total expenditure rose 16.7% to INR 460 Cr during the year under review as against INR 394 Cr in FY24. It saw its advertising as well as employee benefit expenditure increase during the fiscal under review.
Read More: EaseMyTrip Back In The Black, Posts INR 14 Cr Profit In Q4
Zomato parent Eternal’s operating revenue rose over 67% to INR 20,243 Cr in FY25 from INR 12,114 Cr in the previous fiscal year, strengthened largely by its quick commerce and going out business verticals.
Its net profit jumped 50% to INR 527 Cr in FY25 from INR 351 Cr in FY24. Meanwhile, Eternal’s total expenditure rose 63% to INR 20,623 Cr in FY25 from INR 12,670 Cr in FY24.
Read More: Eternal Q4: Profit Slumps 78% YoY To INR 39 Cr
Fino Payments Bank’s Profit Up 7%Mumbai-based Fino Payments Bank’s operating revenue jumped 25% to INR 1,847 Cr in FY25 from INR 1,478 Cr in the previous fiscal year.
In line with the rise in revenue, total expenses grew 25% to INR 1,738.7 Cr during the year from INR 1,391.5 Cr in FY24.
The payments bank’s net profit rose 7.3% to INR 82 Cr from INR 86 Cr in FY24.
Read More: Fino Payments Bank’s Q4 Profit Dips 5% YoY To INR 24 Cr
Flipkart Internet’s net loss declined 37% to INR 1,494 Cr in FY25 from INR 2,359 Cr in the previous year. Its operating revenue zoomed 14.4% to INR 20,493 Cr from INR 17,907 Cr in FY24.
The ecommerce giant’s B2C arm’s total expenses rose 8.1% to INR 22,310.7 Cr in FY25 from INR 20,627.4 Cr in the previous fiscal year.
Read More: Flipkart’s B2C Arm Crosses INR 20,000 Cr Revenue Mark In FY25
FirstCry’s Loss Falls By 18%FirstCry parent Brainbees Solutions’ net loss declined 17.6% to INR 264.8 Cr during the year ended March 2025 from INR 321.5 Cr in FY24.
Its operating revenue rose 18.2% to INR 7,659.6 Cr during the year under review from INR 6,480.9 Cr a year ago. The company’s adjusted EBITDA profit grew about 43% YoY to INR 393.5 Cr. The company also said that its India multi-channel business turned net profitable.
The company’s total expenditure stood at INR 7,429.6 Cr in FY25, up 16% from INR 6,410.3 Cr in FY24.
Read More: FirstCry Q4: Loss Zooms 158% YoY To INR 111.5 Cr
Fractal Turns Profitable In FY25AI-powered SaaS startup Fractal swung to profitability in the financial year 2024-2025 (FY25) with a consolidated net profit of INR 220.6 Cr as against a loss of INR 54.7 Cr in the previous fiscal year.
Its operating revenue jumped 25.9% to INR 2,765.4 Cr in FY25 from INR 2,196.3 Cr in the previous fiscal.
In line with the top-line growth, total expenses for FY25 also rose 14.4% to INR 2,575.5 Cr from INR 2,250.6 Cr in FY24.
Read More: Fractal Posts INR 220 Cr Profit In FY25
Go Digit Sees Over 130% Rise In ProfitInsurtech startup Go Digit posted strong financial results, with a 134% jump in its profit after tax to INR 424.9 Cr in FY25 from INR 181.6 Cr in the previous fiscal year.
On the back of a sharp growth in health, travel, and personal accident premiums, Go Digit’s total gross written premium (GWP) increased 14% to INR 10,282 Cr from INR 9,015 Cr in FY24.
Net earned premium rose over 13.3% to INR 8,045.9 Cr during the year from INR 7,096.4 Cr in FY24.
Read More: Go Digit Q4 Profit Zooms 120% YoY To INR 116 Cr
Groww Back In The BlackInvestment tech startup Groww turned profitable in FY25 after slipping into the red in the previous fiscal year. It posted a net profit of INR 1,824.4 Cr in FY25 from INR 805.5 Cr in the previous fiscal year.
Operating revenue surged about 50% to INR 3,901.7 Cr in FY25 from INR 2,609.3 Cr in the previous fiscal. Its total expenses declined 22.8% to INR 1,596.4 Cr during the year under review from INR 2,068.1 Cr in FY24.
Read More: Groww Q1: Profits Grow 12% YoY To INR 378 Cr Despite Revenue Drop
ideaForge Slips Into RedMumbai-based drone startup ideaForge saw its operating revenue decline by over 48% to INR 166 Cr in FY25 from INR 317 Cr in the previous fiscal year. Consequently, it slipped into the red, with a loss of INR 51 Cr as against a profit of INR 48 Cr in FY24.
The company’s total expenditure also declined 15% to INR 239.6 Cr during the year under review from INR 282.9 Cr in FY24.
Read More: ideaForge Reports 3rd Consecutive Quarter Of Loss, Posts INR 26 Cr Loss In Q4
IndiaMart Posts INR 550 Cr ProfitB2B ecommerce marketplace IndiaMART’s net profit zoomed 65% to INR 550.7 Cr in the year ended March 2025 from INR 334 Cr in the previous fiscal year.
Its operating revenue grew 16% to INR 1,388.4 Cr from INR 1,196.8 Cr in FY24. The company’s EBITDA rose 58% year-on-year to INR 523 Cr in FY25.
The company’s total expenditure declined a marginal 0,5% to INR 905.9 Cr in FY25 from INR 910.7 Cr in FY24.
Read More: IndiaMART Q4 Profit Zooms 81% YoY To INR 181 Cr
InCred Finance’s Profit Jumps 18%InCred Financial Services reported an 18% increase in its consolidated net profit to INR 374 Cr in FY25 from INR 316.4 Cr in the previous year.
The lending tech unicorn’s revenue zoomed 47% to INR 1,871.9 Cr during the year under review from INR 1,269.9 Cr in FY24. Of this, it earned INR 1,691.6 Cr from interest income and INR 137.2 Cr from fees and commission.
Total expenses surged 59% to INR 1,381.1 Cr from INR 871.4 Cr in FY24.
Read More: InCred Finance’s FY25 Profit Zooms 18% To INR 374 Cr
IndiQube Trims Loss By 60%IndiQube’s net loss narrowed 60% to INR 139 Cr in FY25 from INR 341 Cr in FY24. Operating revenue grew 28% to INR 1,059 Cr in FY25 from INR 830.6 Cr in the previous fiscal.
During the year, the managed workplace solutions provider’s total expenses rose marginally to INR 1,260 Cr from INR 1,252 Cr in FY24.
Read More: IndiQube’s IPO Litmus Test: Profitability Concerns In Crowded Coworking Market
InsuranceDekho Posts INR 48 Cr LossInsuranceDekho posted a net loss of INR 47.5 Cr in FY25 as against a net profit of INR 85.7 Cr in FY24.
The insurtech startup’s operating revenue jumped 73.5% to INR 1,290 Cr during the year under review from INR 743.6 Cr in FY24. Total expenditure rose 93.4% to INR 1,352 Cr from INR 699.2 Cr in FY24.
Read More: InsuranceDekho Slips Into The Red In FY25 Despite 73% Top Line Growth
ixigo’s Revenue Inches Closer To INR 1,000 Cr Markixigo reported an operating revenue of INR 914.2 Cr in FY25, up 39.4% from INR 655.8 Cr in the previous fiscal year, boosted by strong demand from the train segment.
However, the bottom line of the company took a hit as it reported a net profit of INR 60.3 Cr, down 17.4% from INR 73 Cr profit in FY24, weighed down by high expenses.
ixigo’s total expenses for the year rose 34.8% to INR 846 Cr from INR 627.8 Cr in FY24.
Read More: ixigo Q4: Profit More Than Doubles YoY To INR 17 Cr
Kissht’s Profit DipsLending tech startup Kissht’s net profit slumped 18.6% to INR 160.62 Cr in FY25 from INR 197.29 Cr in the previous fiscal year.
Its operating revenue also fell over 20% to INR 1,337.47 Cr during the year under review from INR 1,674.45 Cr in FY24.
Moreover, in line with the top line and the bottom line, total expenses also decreased 20.7% to INR 1,136.42 Cr in FY25 from INR 1,432.86 Cr in the previous year.
Read More: Kissht’s FY25 Profit Dips 19%, Revenue Falls 20% YoY
LEAD School’s Loss Declines 70%Edtech startup LEAD School managed to reduce its net loss by 69.7% to INR 43.3 Cr in FY25 from INR 143 Cr in FY24, as its expenses fell. The startup’s total expenditure declined 20% to INR 410.7 Cr from INR 513 Cr in FY24.
However, the fall in expenditure came on the back of flat revenue. LEAD School posted an operating revenue of INR 351.8 Cr in FY25 as against INR 350.5 Cr in the previous year.
Read More: LEAD School Trims Net Loss By 70% To INR
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