IPO-Bound Shiprocket’s FY25 Loss Narrows 88% To INR 74.5 Cr

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SUMMARY

Shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March 2025 from INR 595.2 Cr in FY24, led by improvement in margins and revenue growth

The IPO-bound startup’s revenue grew 24% YoY to INR 1,632 Cr in FY25 from INR 1,316 Cr in the previous fiscal year

Shiprocket’s total expenditure rose marginally to INR 1,749 Cr during the year under review from INR 1,709 Cr in FY24

Logistics major shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March…



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IPO-Bound Shiprocket’s FY25 Loss Narrows 88% To INR 74.5 Cr


SUMMARY

Shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March 2025 from INR 595.2 Cr in FY24, led by improvement in margins and revenue growth

The IPO-bound startup’s revenue grew 24% YoY to INR 1,632 Cr in FY25 from INR 1,316 Cr in the previous fiscal year

Shiprocket’s total expenditure rose marginally to INR 1,749 Cr during the year under review from INR 1,709 Cr in FY24

Logistics major shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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