Yulu revenue jumps 98% in FY25; losses stand at Rs 126 Cr

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Electric mobility startup Yulu has nearly doubled its revenue in the fiscal year ended March 2025 to Rs 237.4 crore. At the same time, the company cut down losses by 12% to Rs 126 crore.

Yulu’s operating revenue jumped 98% year-on-year to Rs 237.4 crore in FY25 from Rs 120 crore in FY24, according to its consolidated financial statements filed with the Registrar of Companies (RoC).

yulu financial-01

Eight-year-old Yulu offers last-mile connectivity by renting electric bikes and operating an extensive EV charging and battery-swapping network. The company provides urban…



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Yulu revenue jumps 98% in FY25; losses stand at Rs 126 Cr


Electric mobility startup Yulu has nearly doubled its revenue in the fiscal year ended March 2025 to Rs 237.4 crore. At the same time, the company cut down losses by 12% to Rs 126 crore.

Yulu’s operating revenue jumped 98% year-on-year to Rs 237.4 crore in FY25 from Rs 120 crore in FY24, according to its consolidated financial statements filed with the Registrar of Companies (RoC).

yulu financial-01

Eight-year-old Yulu offers last-mile connectivity by renting electric bikes and operating an extensive EV charging and battery-swapping network. The company provides urban…



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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