FY25 Financial Tracker: Tracking The Financial Performance Of Indian Startups

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 informed on the financial health of new-age tech companies, Inc42 has launched the FY25 Financial Tracker, consolidating key numbers in one place. The tracker will be updated periodically to offer deeper insights into Indian startups’ financials.

Currently, 79 new-age tech companies are part of this tracker. They collectively posted an operating revenue of INR 2.73 Lakh Cr in FY25, up 19.5% from INR 2.28 Lakh Cr in the previous fiscal. Of these, 32 reported a cumulative net loss of INR 18,840.6 Cr, while 47 generated a cumulative net profit of INR 8,049.6 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

DeHaat	3,010	2,674.8	12.53	369	-1133.1	174.90	206.80	–	–
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
Ekart	13,733	12,115.3	13.35	-1,515	-1,718.10	-11.82	1,270	1,245	–	–
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	–
Innov8	114.50	52.7	117.27	1.2	37.7	-96.82	3.9	2.3
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
Meritto’s	92.3	70.4	31.11	1.9	0.04	4,650.00	56.8	44.8
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	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
PhonePe	7,115	5,064.1	40.49	-1,727.40	-1,996.10	-13.46	4,096.70	3,603.90	541.60	691
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
Porter	4,306	2,733.7	57.52	55.2	-95.70	285.20	237.30	80.00	75.8
Purple Style Labs	490	504.4	-2.85	-188.6	-47.70	295.39	66.20	33.20
RateGain	1,077	957.0	12.50	208.9	145.30	43.77	398.70	379.90	–	–
Spinny	4,656.10	3,730.0	24.83	-423.80	-590.00	-28.17	338.20	392.00	123.40	141.40
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	–	–
Ultrahuman	564.7	104.6	439.87	71.5	-37.7	51.6	27.3
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
WROGN	223.20	245.3	-9.01	-75.5	-56.8	32.92	38.9	32.3	49.2	30.5
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

Adda247’s Loss Swells To INR 104 Cr

Edtech startup Adda247’s net loss grew 2.5% to INR 103.6 Cr in the year ended March 2025 from INR 101 Cr in FY24.

The startup’s operating revenue declined marginally to INR 217.10 Cr in FY25 from INR 219 Cr in the previous year. Total expenses stood at INR 343.8 Cr during the year under review as against INR 344.3 Cr a year ago.

Read More: Adda247’s Loss Rises 2.5% To INR 104 Cr In FY25, Revenue Remains Flat

Aequs’ Loss Jumps 7X To INR 102 Cr

Bengaluru-based contract manufacturing company Aequs saw its net loss soar 618.7% to INR 102.3 Cr in FY25 from INR 14.2 Cr in the year-ago period. The surge in loss was primarily due to impairment loss on goodwill of INR 48.3 Cr for its subsidiary.

Revenue from operations declined 4.19% to INR 924.6 Cr in the fiscal year under review from INR 965 Cr in FY24. Total expenses grew a marginal 1% to INR 851.2 Cr from INR 842.8 Cr in the previous year.

Read More: Aequs FY25: Loss Soars 7X YoY To INR 102 Cr

Amagi Trims Its Loss

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 Profitable

ArisInfra 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 Cr

Listed 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 Black

Delhi 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 Mark

Tata 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

BharatPe’s Loss Declines 82%

Fintech unicorn BharatPe slashed its net loss by 82% to INR 88.2 Cr in FY25 from INR 492 Cr in FY24. Operating revenue increased almost 17% to INR 1,667 Cr during the year from INR 1,426.1 Cr in FY24.

The fintech giant managed to trim its expenses by 3.5% to INR 1,906 Cr during the year from INR 1,974.4 Cr in FY24.

Read More: BharatPe FY25: Loss Narrows 82% To INR 88 Cr, Revenue At INR 1,667 Cr

BlackBuck’s Loss Narrows To INR 9 Cr

Logistics 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 Widens

BlueSstone 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 PAT

Ahead 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 Profit

CarTrade 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

Cashfree’s Loss Widens To INR 154 Cr

Fintech soonicorn Cashfree Payments’ net loss widened 14% to INR 154.1 Cr from INR 135 Cr in FY24.

The fintech startup’s operating revenue declined marginally to INR 640 Cr in FY25 from INR 642.7 Cr in the previous fiscal year. Total expenditure rose 2% to INR 794.6 Cr in FY25 from INR 779.4 Cr in FY24.

Read More: Cashfree’s FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

Cashify’s Loss Narrows 80% To INR 11 Cr

Recommerce startup Cashify narrowed its net loss by 80% to INR 10.6 Cr in FY25 from INR 53.2 Cr in the previous fiscal year. Operating revenue increased 17% to INR 1,095.9 Cr in FY25 from INR 935.1 Cr in FY24.

Its total expenditure grew 12% to INR 1,132.9 Cr during the year under review from INR 1,008.1 Cr in FY24.

Read More: Cashify Trims Loss By 80% To INR 11 Cr In FY25

Cleartrip’s Loss Declines 20% To INR 651 Cr

Flipkart’s travel aggregator arm Cleartrip saw its net loss decline 20% to INR 651.1 Cr in FY25 from INR 810.3 Cr in the previous fiscal year.

Operating revenue surged 70% to INR 169.2 Cr during the year under review from INR 99.7 Cr in FY24. Expense declined 10.5% to INR 885.8 Cr from INR 990.7 Cr in the previous fiscal year.

Read More: Flipkart-Owned Cleartrip Spent Over INR 5 To Earn Every Rupee In FY25

CoinDCX’s FY25 Profit Jumps 15%

Crypto unicorn CoinDCX posted a net profit of INR 1.7 Cr in FY25, up about 15% from INR 1.5 Cr in FY24. Operating revenue rose 43% to INR 559.6 Cr from INR 391.8 Cr in FY24.

Total expenses climbed 48% to INR 550.2 Cr from INR 370.9 Cr spent in FY24.

Read More: CoinDCX’s FY25 Profits Jump 15% To INR 1.7 Cr.

DeHaat Turns Profitable On Non-Cash Gains

Agritech startup DeHaat turned profitable in FY25, reporting a consolidated net profit of INR 369 Cr as against a loss of INR 1,133.1 Cr. However, the profitability came on the back of a non-cash gain of INR 576.1 Cr in FY25 due to change in fair value of CCPS as against a non-cash loss of INR 888.4 Cr under the head in the previous fiscal year. Without this gain, the startup would have posted a loss of about INR 207 Cr in FY25.

Its operating revenue saw a modest increase of 11% to INR 3,009.9 Cr during the year under review from INR 2,674.8 Cr in FY24. Despite the growth in its top line, DeHaat managed to trim its total expenditure by 30% to INR 2,676.9 Cr in FY25 from INR 3,853.4 Cr in the previous fiscal year.

Read More: DeHaat Posts INR 369 Cr Profit In FY25 On Back Of Non-Cash Gains

Delhivery Reports Maiden Profitable Year

Logistics 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 3.9X

Coworking 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 Flat

Delhi 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

Ekart Trims Loss By 12%

Flipkart’s logistics arm Ekart managed to narrow its net loss by 12% to INR 1,515 Cr in FY25 from INR 1,718.1 Cr in the previous fiscal year, on the back of a rise in its top line.

Ekart’s operating revenue rose 13% to INR 13,732.9 Cr during the year under review from INR 12,115.3 Cr in FY24. Meanwhile, expenditure rose at a relatively slower pace of 11% to INR 15,673.8 Cr from INR 14,149.4 Cr in FY24.

Read More: Flipkart’s Logistics Arm Ekart Narrows FY25 Loss To INR 1,515 Cr

Eternal’s Revenue Breaches INR 20K Cr Mark

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 Revenue Crosses INR 20K Cr Mark

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 FY25

AI-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 Profit

Insurtech 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 Black

Investment 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: Gr