upGrad Halves FY25 Loss To INR 273.7 Cr, Revenue Up 6%

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SUMMARY

Edtech major upGrad slashed its net loss by more than 51% to INR 273.7 Cr in FY25 from INR 559.8 Cr loss incurred in the previous fiscal. The startup’s shrinking losses came on the back of it trimming its expenses while simultaneously seeing a growth in its revenue

The improvement came despite a slight increase in its top line. upGrad’s operating revenue rose 6% to INR 1,569.3 Cr from INR 1,487.6 Cr in the year ago period

Meanwhile, its total expenses for the period stood at INR…



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upGrad Halves FY25 Loss To INR 273.7 Cr, Revenue Up 6%


SUMMARY

Edtech major upGrad slashed its net loss by more than 51% to INR 273.7 Cr in FY25 from INR 559.8 Cr loss incurred in the previous fiscal. The startup’s shrinking losses came on the back of it trimming its expenses while simultaneously seeing a growth in its revenue

The improvement came despite a slight increase in its top line. upGrad’s operating revenue rose 6% to INR 1,569.3 Cr from INR 1,487.6 Cr in the year ago period

Meanwhile, its total expenses for the period stood at INR…



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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