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OPEN reported a 35% decline in its net loss to INR 108.9 Cr in FY25 from INR 168.4 Cr in the previous year
Revenue from operations surged 85% INR 45.9 Cr during the year under review from INR 24.8 Cr in FY24. Including other income of INR 11.6 Cr, OPEN’s total income stood at INR 57.6 Cr in FY25
Its EBITDA loss improved to INR 96.5 Cr in FY25 from an EBITDA loss of INR 143.7 Cr in the previous fiscal year. EBITDA margin improved to -210% from -579% in FY24
Neobanking…
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OPEN reported a 35% decline in its net loss to INR 108.9 Cr in FY25 from INR 168.4 Cr in the previous year
Revenue from operations surged 85% INR 45.9 Cr during the year under review from INR 24.8 Cr in FY24. Including other income of INR 11.6 Cr, OPEN’s total income stood at INR 57.6 Cr in FY25
Its EBITDA loss improved to INR 96.5 Cr in FY25 from an EBITDA loss of INR 143.7 Cr in the previous fiscal year. EBITDA margin improved to -210% from -579% in FY24
Neobanking…
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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