Uber India’s ride-hailing losses soar 4X to Rs 1,407 Cr in FY25 with flat gross revenue

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Uber India Systems Pvt Ltd, the Indian arm of ride-hailing giant Uber, saw its net revenue from ride-hailing collapse in FY25 even as commissions from ride (gross revenue) activity remained flat.

According to its consolidated financial statements for the year ended March 31, 2025, net revenue from ride-hailing fell 89% to Rs 88 crore in FY25 from Rs 807 crore in FY24. Interestingly, the sharp decline comes despite the ride-hailing biz’s gross revenue (commissions from rides) remaining flat at Rs 2,604 crore during the year.

The gap between flat gross…



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Uber India’s ride-hailing losses soar 4X to Rs 1,407 Cr in FY25 with flat gross revenue


Uber India Systems Pvt Ltd, the Indian arm of ride-hailing giant Uber, saw its net revenue from ride-hailing collapse in FY25 even as commissions from ride (gross revenue) activity remained flat.

According to its consolidated financial statements for the year ended March 31, 2025, net revenue from ride-hailing fell 89% to Rs 88 crore in FY25 from Rs 807 crore in FY24. Interestingly, the sharp decline comes despite the ride-hailing biz’s gross revenue (commissions from rides) remaining flat at Rs 2,604 crore during the year.

The gap between flat gross…



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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