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iD Fresh Food reports Rs 681 Cr revenue in FY25; profit surges over 5X

EntrackrEntrackr · 20d ago
iD Fresh Food reports Rs 681 Cr revenue in FY25; profit surges over 5X
Medial

Ready-to-cook food brand iD Fresh Food maintained its growth momentum in FY25, following its turnaround in FY24 when it became profitable. The firm’s revenue grew 22% year-on-year in the fiscal year ending March 2025, while its profit jumped over 5X in the same period. iD Fresh Food’s operating revenue rose to Rs 681.37 crore in FY25 from Rs 557.84 crore, its annual financial statements sourced from the Registrar of Companies (RoC) show. The Bengaluru-based firm earned most of its revenue from the sale of finished goods such as parotas and various batters, which accounted for 76.2% of its total operating income at Rs 518.93 crore. The remaining 23.8%, amounting to Rs 162.2 crore, came from traded goods including dairy products, chapatis, beverages, frozen fruits and chutneys. iD Fresh Food’s cost structure shows that the cost of goods sold was its largest expense, accounting for 50% of total costs. This expense rose 17% to Rs 332.17 crore in FY25 from Rs 283.34 crore in FY24. Meanwhile, employee benefits expenses rose 18% to Rs 143.91 crore, including ESOP costs of Rs 10.31 crore. Advertising and marketing expenses increased 11% year-on-year to Rs 52.34 crore. Rent expenses rose 26% to Rs 27 crore, while transportation costs spiked 45% to Rs 18.93 crore in FY25. Other overheads including power and fuel, legal and professional fees, repairs and maintenance, and travel expenses added another Rs 87 crore, taking total expenses to Rs 661.49 crore. Cash outflows from operating activities tripled to Rs 33.35 crore in FY25. In the end, the company’s revenue growth outpaced the rise in total expenses. As a result, iD Fresh Food’s profit surged over 5X to Rs 25.87 crore from Rs 4.43 crore in FY24. The deferred tax credit of Rs 24.88 crore has been excluded from the analysis, as it is a non-cash item and not part of the company’s core operations. On a unit level, the Premji Invest-backed firm spent Rs 0.97 to earn a rupee of operating revenue in FY25, compared to Rs 1 in FY24. It also improved its EBITDA margin to 8.68% during the last fiscal year. As of March 2025, iD Fresh Food recorded current assets worth Rs 206.74 crore including Rs 99.21 crore in cash and bank balance. According to startup data intelligence platform TheKredible, iD Fresh Food has raised around $120 million to date from investors, with Premji Invest and NewQuest Capital among the lead backers.

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Furlenco turns around in FY25: Posts profit after Rs 130 Cr loss, revenue surges 65%

EntrackrEntrackr · 25d ago
Furlenco turns around in FY25: Posts profit after Rs 130 Cr loss, revenue surges 65%
Medial

Furlenco turns around in FY25: Posts profit after Rs 130 Cr loss, revenue surges 65% Furlenco managed 65% year-on-year revenue growth and kept tight control on expenses. As a result, Furlenco posted a Rs 3 crore profit after tax (PAT) in FY25, compared with a Rs 130 crore loss in FY24. After a tepid performance in the last fiscal year, subscription-based furniture rental firm Furlenco has made a notable comeback in FY25. The Bengaluru-based firm managed 65% year-on-year revenue growth and kept tight control on expenses. As a result, Furlenco posted a Rs 3 crore profit after tax (PAT) in FY25, compared with a Rs 130 crore loss in FY24. Furlenco’s revenue from operations grew to Rs 229 crore in FY25 from Rs 139 crore in FY24, according to its consolidated financial statements sourced from the Registrar of Companies (RoC). Furlenco provides furniture and home decor for rent along with relocation services. Income from furniture rental services accounted for 91% of the operating revenue, which grew by 61% to Rs 208 crore in FY25. Income from the sale of products (furniture including sofas and beds), more than doubled to Rs 21 crore during the fiscal year ending March 2025. Including other non-operating activities such as treasury gains of Rs 11 crore, its total income rose to Rs 240 crore in FY25. The company streamlined its cost structure and reduced its total expense by 16% to Rs 237 crore in FY25 from Rs 282 crore in FY24. Employee benefits expenses decreased by 35% year-on-year to Rs 31 crore in FY25, while finance costs dropped 41% to Rs 19 crore in FY25. Cost of material, however, rose 33% to Rs 8 crore in FY25. Depreciation on the company’s furniture rose 29% to Rs 45 crore in FY25 from Rs 35 crore in FY24. With strong revenue growth and lower burn, Furlenco turned profitable and posted a profit of Rs 3 crore in FY25, in contrast to a loss of Rs 130 crore in FY24. Its ROCE and EBITDA margin improved significantly to 5.68% and 24.45%, respectively. On a per-unit basis, the firm spent Rs 1.03 to earn every rupee of operating revenue, compared to Rs 2.03 in FY24. Furlenco’s current assets stood at Rs 106 crore, including cash and bank balances of Rs 32 crore in FY25. According to startup data intelligence platform TheKredible, Furlenco has raised a total of $298 m in funding till date, with Sheela Foam and Lightbox Ventures as its lead investors. The company’s founder and chief executive, Ajith Mohan Karimpana owns 12% of the company. Furlenco certainly seems to have discovered a better playbook for its business, because numbers like these looked unlikely till last year. While the concept has certainly found takers, operating costs had been too high to offer hope of such a turnaround. So credit to the team for having pulled it off.

Info Edge posts Rs 791 Cr revenue in Q1 FY26; profit surges 32%

EntrackrEntrackr · 3m ago
Info Edge posts Rs 791 Cr revenue in Q1 FY26; profit surges 32%
Medial

Info Edge, the parent company of Naukri and 99acres, reported a 17% growth in operating revenue in the first quarter of the ongoing fiscal year (Q1 FY26), while its profit increased by 32%. The Noida-based company’s operating revenue rose to Rs 791 crore in Q1 FY26 from Rs 677 crore in Q1 FY25, according to documents sourced from the National Stock Exchange (NSE). On a quarter-on-quarter basis, Info Edge’s operating revenue rose 5.5% to Rs 791 crore in Q1 FY26 from Rs 750 crore in Q4 FY25. Info Edge derives the majority of its revenue from Naukri.com, which contributed Rs 562 crore in the quarter ending June 2025, a 15% year-on-year growth compared to Q1 FY25. Meanwhile, revenue from 99acres reached Rs 111 crore, while Jeevansathi and Shiksha contributed Rs 34 crore and Rs 50 crore, respectively, during the same quarter. The company added another Rs 213 crore from interest on deposits and investment which pushed its overall revenue to Rs 1,004 crore in Q1 FY26. On the expense side, Info Edge spent 58% of its overall expenditure on employee benefits, which increased 12% year-on-year to Rs 327 crore in Q1 FY26. Its advertising and internet costs stood at Rs 127 crore and Rs 22 crore, respectively. The company’s overall cost grew 16% YoY to Rs 564 crore in Q1 FY26 from Rs 485 crore in Q1 FY25. Info Edge’s profit grew by 32% to Rs 343 crore in Q1 FY26, compared to Rs 259 crore in Q1 FY25. Its EBITDA stood at Rs 468 crore in the same period. As of 2:22 PM (Friday, August 8), Info Edge is trading at Rs 1,333.5, down 2% from today’s opening price. The firm’s market capitalization stands at Rs 86,277 crore ($9.8 billion).

PB Fintech profit surges 2.6X to Rs 135 Cr in Q2 FY26

EntrackrEntrackr · 19d ago
PB Fintech profit surges 2.6X to Rs 135 Cr in Q2 FY26
Medial

PB Fintech, the parent company of online insurance platform PolicyBazaar, announced its financial results for the second quarter of FY26 on Wednesday. The company’s profit surged 2.6 times year-on-year (YoY), while its operating revenue grew by 20%. PolicyBazaar’s revenue from operations rose 20% year-on-year to Rs 1,613.5 crore in Q2 FY26, up from Rs 1,348 crore in Q2 FY25, according to the company’s financial results filed with the National Stock Exchange (NSE). The Gurugram-based company derived 88.5% of its operating revenue from insurance brokerage services, which increased to Rs 1,428.16 crore in Q2 FY26 from Rs 998.76 crore in Q2 FY25. Apart from operating revenue, the firm earned Rs 84.5 crore from interest and gains on financial assets during the quarter, taking its total income to Rs 1,698 crore for the quarter ending September 2025. PolicyBazaar did not provide a detailed expense breakdown in its quarterly financial statements. However, employee benefits expenses rose 18% year-on-year to Rs 600 crore, while advertising and marketing expenses remained steady at Rs 280 crore. Overall, the company’s total expenditure increased 28.5% to Rs 1,558.8 crore in Q2 FY26 from Rs 1,213.4 crore in Q2 FY25. PolicyBazaar's net profits jumped 2.6x to Rs 134.9 crore in Q2 FY26 from Rs 51 crore in Q2 FY25. At the end of the day, PolicyBazaar traded at Rs 1,724 with a total market capitalization of Rs 79,184.6 crore ($9 billion).

Moneyview profit grows to Rs 240 Cr in FY25, revenue surges 74%

EntrackrEntrackr · 12d ago
Moneyview profit grows to Rs 240 Cr in FY25, revenue surges 74%
Medial

Moneyview profit grows to Rs 240 Cr in FY25, revenue surges 74% After growing 75% in FY24, online credit platform MoneyView sustained its momentum with a 74% revenue rise in FY25, while profits increased 40% to Rs 240 crore. Following a 75% year-on-year growth in FY24, online credit platform Moneyview maintained its strong growth momentum and posted another 74% YoY increase in its revenue in FY25. At the same time, profits for the Bangalore-based firm grew 40% to Rs 240 crore during the year. Moneyview’s revenue from operations grew to Rs 2,339 crore in FY25 from Rs 1,342.37 crore in FY25, according to its consolidated financial statements filed with the Registrar of Companies (RoC). Founded in 2014 by Puneet Agarwal and Sanjay Aggarwal, Moneyview provides personalized credit products such as instant personal loans, credit cards, BNPL, and financial management solutions through partner lenders. Its lending partners include Aditya Birla Capital, Northern Arc, Vivriti Capital, Oxyzo, among others. Income from fees and commissions on loan disbursals was the primary revenue driver for MoneyView, contributing over 63% of its total operating revenue, which increased to Rs 1,486.8 crore in FY25. Interest on portfolio loans surged 2.6X to Rs 789 crore, while interest income on deposits and gains from financial assets added another Rs 63.3 crore. The company also earned Rs 39.4 crore in non-operating income, including net fair value gains on financial instruments, taking its total income to Rs 2,738.5 crore in FY25. For the fintech unicorn, impairment on portfolio loans and write-offs were among its largest expenses, amounting to Rs 346 crore in FY25, nearly three times higher year on year. This included Rs 246 crore in write-offs. Another major cost was the Default Loss Guarantee (DLG) expense at Rs 321.7 crore, representing the amount set aside to cover potential loan defaults under guarantee arrangements with partner banks and NBFCs. Together, these costs accounted for over 32% of total expenses. Finance costs also rose nearly threefold to Rs 370 crore, in line with a similar increase in non-current borrowings, which climbed to Rs 1,201 crore during the year. Employee benefit expenses rose 42% to Rs 222.5 crore in FY25, while outsourcing service costs and transaction processing costs stood at Rs 196.6 crore and Rs 51.7 crore, respectively, during the year. Other overheads, including information technology, legal & professional fees, took the company’s overall expenses to Rs 2,059.3 crore in FY25. The significant scale-up helped Moneyview grow its profit by over 40% to Rs 240.3 crore in FY25 from Rs 171.1 crore in FY24. On a unit level, the company spent Rs 0.88 to earn a rupee in FY25. As of March 2025, Moneyview’s current assets stood at Rs 4,198.4 crore, including healthy cash and bank balances of Rs 1,067.7 crore. According to startup data platform TheKredible, the firm has raised over $230 million across multiple rounds from investors including Accel, Tiger Global, and Ribbit Capital, including $4.6 million from Accel and Nexus Venture Partners that turned the company into a unicorn. In June 2025, Moneyview converted into a public entity, indicating its plans to go public. The company is reportedly planning to raise over $400 million (around Rs 3,400 crore) through its initial public offering (IPO).

Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%

EntrackrEntrackr · 6m ago
Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%
Medial

Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6% Logistics company Delhivery announced its Q4 FY25 results on Friday, reporting a 6% year-on-year increase in revenue. The Gurugram-based firm also reported a profit of Rs 72 crore during the same period. Delhivery’s revenue from operations grew to Rs 2,191 crore in Q4 FY25, according to its financial statements filed with the National Stock Exchange (NSE). For the full fiscal year (FY25), Delhivery’s operating revenue increased 10% to Rs 8,932 crore in FY25 from Rs 8,141 crore in FY24. Delhivery's primary revenue sources were its logistics services, including warehousing, last-mile logistics, and designing and deploying logistics management systems. The firm also earned Rs 112 crore from non-operating activities, bringing its total revenue to Rs 2,303 crore in Q4 FY25. Meanwhile, for the full fiscal year, total income reached Rs 9,372 crore. For Delhivery, freight handling and servicing costs made up 70% of its total expenditure, rising by 3% to Rs 1,566 crore in Q4 FY25. Employee benefit expenses decreased by 6% to Rs 337 crore. Legal, depreciation, and other overhead costs contributed to a minor decrease in overall expenditure, which reached Rs 2,249 crore during the quarter. For the full financial year ending March 2025, the firm’s total expenses rose to Rs 9,217 crore as against Rs 8,825 crore in FY24. Delhivery's continued growth and controlled expenditure resulted in a profit of Rs 72 crore in Q4 FY25, compared to a loss of Rs 68 crore in Q4 FY24. On a fiscal basis, it turned profitable and reported a net profit of Rs 162 crore in FY25 as compared to a loss of Rs 249 crore in FY24. At the close of today’s trading session, Delhivery’s share price stood at Rs 321 per share, giving the company a market capitalization of Rs 23,957 crore.

Auxilo reports Rs 528 Cr revenue and Rs 112 Cr PAT in FY25

EntrackrEntrackr · 1m ago
Auxilo reports Rs 528 Cr revenue and Rs 112 Cr PAT in FY25
Medial

Auxilo reports Rs 528 Cr revenue and Rs 112 Cr PAT in FY25 Auxilo’s revenue from operations grew 48.3% to Rs 528 crore in FY25, up from Rs 356 crore in FY24, as per its annual financial statements sourced from the Registrar of Companies. After doubling its revenue in FY24, education-focused non-banking financial company (NBFC) Auxilo has delivered another strong performance in FY25, going past Rs 500 crore in revenue and posting over Rs 100 crore in profit after tax (PAT). The Mumbai-based NBFC provides education loans to students pursuing higher studies in India and abroad. Its offerings cover the complete cost of education, including tuition fees, pre-visa expenses, travel, and other related costs. Interest income formed the bulk of its business, contributing 90.5% of total operating revenue, which grew 49.4% to Rs 478 crore in FY25. Fees, commissions, and other operating income collectively stood at Rs 50 crore during the year. Including other income of Rs 16 crore, Auxilo’s total revenue reached Rs 544 crore in FY25. On the expenditure side, interest costs accounted for 71.5% of total expenses, rising in line with disbursements to Rs 282 crore in FY25. Employee benefits were recorded at Rs 56 crore, while overall costs increased to Rs 394 crore in FY25, compared to Rs 275 crore in FY24. The company’s controlled cost structure supported profitability, leading to a 62.3% jump in PAT to Rs 112 crore in FY25, against Rs 69 crore in FY24. Auxilo’s expense-to-revenue ratio also improved to 0.75 in FY25. Earlier this year, Auxilo raised Rs 50 crore from Motilal Oswal. Since its inception, it has secured over $100 million across equity and debt. The company competes with other well-funded education-financing players such as Grayquest, Avanse Financial, Financepeer, Propelld, Leap Finance, and Eduvanz.

Three-year-old Zype’s revenue jumps 5X to Rs 101 Cr in FY25

EntrackrEntrackr · 1m ago
Three-year-old Zype’s revenue jumps 5X to Rs 101 Cr in FY25
Medial

Three-year-old Zype’s revenue jumps 5X to Rs 101 Cr in FY25 Digital lending startup Zype’s operating revenue surged nearly fivefold to cross Rs 100 crore in FY25, while expenses tripled due to bad debt write-offs and higher NPA provisions. Digital lending startup Zype saw its operating revenue surge nearly fivefold, crossing the Rs 100 crore threshold in the fiscal year ending March 2025. At the same time, its expenses tripled, due to bad debt write-offs (likely NPAs) and increased provisioning for non-performing assets. Zype’s revenue from operations ballooned nearly 5X to Rs 101.3 crore in FY25 from Rs 20.3 crore in FY24, its financial statements sourced from the Registrar of Companies (RoC) show. Zype, which has been operating as a NBFC, provides unsecured personal loans to young salaried professionals for purposes such as weddings, home repairs, and medical expenses. In FY25, interest income from its loan portfolio surged nearly sixfold to Rs 62 crore from Rs 10.58 crore in FY24, contributing 61% of its revenue. Processing fees also expanded 5X to Rs 34.39 crore, accounting for 34% of its topline. Zype also generated Rs 4.8 crore from other operating services, including penal charges, and an additional Rs 4.7 crore from non-operating sources such as interest on fixed deposits, income tax refunds, and gains on mutual funds. This took its total income to Rs 106 crore in FY25. Employee benefit expenses made up 20% of total costs, rising 89% to Rs 24 crore in FY25. Finance costs on borrowings contributed 19%, jumping to Rs 22.6 crore from just Rs 1.6 crore in FY24, while marketing expenses also doubled during the year to Rs 10 crore. The company wrote off bad debts worth Rs 19 crore and made provisioning of Rs 7.95 crore for non-performing assets (NPAs), together accounting for 22.67% of total expenses. Other overheads, including lease rentals for office and equipment, legal and professional fees, IT expenses, verification costs and others added another Rs 35.4 crore. Overall total expenditure for the firm rose over 3.3X to Rs 118.9 crore in FY25, compared to Rs 35.8 crore in FY24. Despite the revenue growth, write-offs of bad debts and provisions for NPAs pushed its losses up 76% to Rs 12.85 crore in FY25 from Rs 7.3 crore in FY24. At a unit level, Zype spent Rs 1.17 to earn one rupee of operating revenue in FY25. As of March 2025, the company’s current assets stood at Rs 368.7 crore, including cash and bank balances of Rs 33.65 crore. According to startup data intelligence platform TheKredible, the Mumbai-based firm raised over $30 million, including its Rs 90 crore ($10.2 million) round led by Japanese venture capital firm Unleash Capital Partners, with participation from existing investor Xponentia Capital.

Wealthy’s revenue surges 72% in FY25, losses touch Rs 35 Cr

EntrackrEntrackr · 22d ago
Wealthy’s revenue surges 72% in FY25, losses touch Rs 35 Cr
Medial

Wealthy, an investment advisory and wealth management platform, achieved a 72% year-on-year increase in scale during FY25. This came after a two-fold expansion in the preceding fiscal year (FY24), showing the firm's continued growth momentum. Wealthy’s revenue from operations grew to Rs 25 crore in FY25 from Rs 14.5 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC). Revenue from brokerage services was its largest stream which accounted for 56% of the total income. This income more than doubled to Rs 14 crore in FY25 from Rs 6.3 crore in FY24. Revenue from advisory services brought in Rs 9 crore, a 24% year-on-year increase, while commission income surged 110% to Rs 2 crore during the period. Wealthy also reported Rs 10 crore as non-operating income, pushing its total income to Rs 35 crore in FY25. Employee benefit expenses remained its largest cost center, forming over 53% of the total expenses. This cost grew 23% to Rs 37 crore in FY25 from Rs 30 crore in FY24. Legal and professional fees more than doubled to Rs 9 crore, while commission costs increased 69% to Rs 7.6 crore. Advertising spend also saw a sharp rise of 92% to Rs 2.5 crore in the last fiscal year. Overall, Wealthy’s total expenditure rose 41% year-on-year to Rs 70 crore in FY25 from Rs 49.5 crore in the previous fiscal year. The AWI-backed company recorded a net loss of Rs 35 crore in the last fiscal year, which went up by 46% from Rs 24 crore in FY24. Its ROCE and EBITDA margin stood at -155.17% and -152%, respectively. On a unit level, the firm spent Rs 2.8 to earn a rupee of operating revenue during FY25, compared to Rs 3.41 in FY24. As of March 2025, the Bengaluru-based firm recorded current assets worth Rs 17.5 crore including Rs 7 crore in cash and bank balance. According to startup data intelligence platform TheKredible, Wealthy has raised a total of Rs 117.27 crore including Rs 45 crore in Series B round led by Falcon Edge’s Alpha Wave Incubation Fund which is the largest stakeholder with close to 23% as of the firm’s Series A. Its co-founders Aditya Agarwal and Prashant Gupta together own 34.5% of the company.

Delhivery profit surges over 2X to Rs 25 Cr in Q3 FY25

EntrackrEntrackr · 9m ago
Delhivery profit surges over 2X to Rs 25 Cr in Q3 FY25
Medial

Delhivery’s revenue from operations grew to Rs 2,378 crore in Q3 FY25, according to its financial statements filed with the National Stock Exchange. Delhivery's primary revenue sources were its logistics services, including warehousing, last-mile logistics, and designing and deploying logistics management systems. The firm also earned Rs 99 crore from non-operating activities, bringing its total revenue to Rs 2,477 crore in Q3 FY25. For Delhivery, freight handling and servicing costs made up 71% of its total expenditure, rising by 11.3% to Rs 1,750.7 crore in Q3 FY25. Employee benefit expenses remained steady at Rs 356.2 crore. Legal, depreciation, and other overhead costs contributed to a 7% increase in overall expenditure, which reached Rs 2,450 crore during the quarter. Delhivery's continued growth and controlled expenditure resulted in a more than twofold increase in its profits, reaching Rs 25 crore in Q3 FY25, compared to Rs 11.7 crore in Q3 FY24. Notably, Delhivery has generated Rs 6,740 crore in revenue during the first nine months of the current fiscal year, achieving a positive bottom line of Rs 89.5 crore. Delhivery has recently ventured into the quick commerce segment with a two-hour delivery service to cater to the rising consumer demand for faster order fulfillment. Initially launched in Bengaluru, the service will support brands across categories such as beauty and personal care, fashion, and electronics.

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