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

EntrackrEntrackr · 2m ago
Yulu revenue jumps 98% in FY25; losses stand at Rs 126 Cr
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Fintrackr All Stories 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). 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 Mobility-as-a-Service (MaaS) across Bengaluru, Mumbai, and Delhi-NCR. Rental income from electric vehicles remained Yulu’s dominant revenue driver, forming nearly 85% of its operating revenue at Rs 201 crore in FY25. Sales of electric bikes and accessories contributed another Rs 22.67 crore. The company also earned Rs 13.24 crore by supplying riders, field staff, and other manpower services to clients. The rest of its operating income came from franchise operations and delivery-related services. The company also earned Rs 4.53 crore from interest on fixed deposits, current investments and dividend income, taking its total revenue to Rs 241.9 crore. On the expense side, the cost of materials was the largest cost centre, accounting for 43.23% of total expenses which rose 53% to Rs 151.56 crore in FY25. Employee benefits expenses remained flat at Rs 88.43 crore including Rs 9.35 crore in ESOP costs, while depreciation and amortisation surged over 70% to Rs 66 crore. Other overheads, including advertising expenses, rent, and legal and professional fees, pushed total expenses to Rs 350.6 crore in the last fiscal year, marking a 36% jump from Rs 258.3 crore in FY24. Coming to the bottom line, the Bajaj-backed company’s 98% jump in revenue enabled it to trim losses by 12% to Rs 126 crore in FY25, compared to Rs 142.8 crore in FY24. Yulu’s EBITDA margin improved to –15.29% from –80.11% in FY24, while EBITDA (loss) stood at Rs 36 crore. On a unit level, the company spent Rs 1.48 to earn a rupee of operating revenue. The company’s current assets stood at Rs 101.95 crore at the end of March 2025. Notably, its cash and bank balance fell 93% to Rs 9.65 crore during the period, down from Rs 142.7 crore in FY24. According to startup data intelligence platform TheKredible, the Bengaluru-based company has raised over $140 million to date, including $19.25 million secured in February last year from Magna and Bajaj Auto.

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Infibeam revenue jumps 93% to Rs 1,965 Cr in Q2 FY26

EntrackrEntrackr · 3m ago
Infibeam revenue jumps 93% to Rs 1,965 Cr in Q2 FY26
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Infibeam revenue jumps 93% to Rs 1,965 Cr in Q2 FY26 Infibeam reported strong growth for the quarter ending September 2025. The Ahmedabad-based firm’s revenue from operations rose 93% year-on-year, nearing the Rs 2,000 crore threshold, while its profit grew 45% during the same period. Infibeam’s revenue from operations rose to Rs 1,965 crore in Q2 FY26 from Rs 1,017 crore in Q2 FY25, according to its consolidated financial statements filed with the National Stock Exchange (NSE). Infibeam’s payment business contributed 97% of its total collections, which jumped 95% to Rs 1,900 crore in Q2 FY26. Its e-commerce platform business also saw a 48% rise, reaching Rs 65 crore. The firm reported other income of Rs 21 crore, taking its total revenue to Rs 1,986 crore. Infibeam operates a diversified digital platform, primarily focusing on digital payment services and e-commerce solutions. On the cost front, Infibeam's total expenses surged 98% to Rs 1,891 crore in Q2 FY26 from 957 crore in Q2 FY25. Payment processing remained the largest cost driver, jumping 105% to Rs 1,812 crore. Employee benefit expenses remained stable at Rs 34 crore, while depreciation costs increased 12% to Rs 19 crore. Infibeam’s profit rose 45% to Rs 68 crore in Q2 FY26 from Rs 47 crore in Q2 FY25. For the six months ending September 2025, the company’s profit increased 17% to Rs 126 crore in H1 FY26 from Rs 108 crore in H1 FY25. Last month, Infibeam Avenues obtained in-principle approval from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs) under the Payment and Settlement Systems Act, 2007. At the close of today’s trading session, Infibeam’s share price stood at Rs 19.29 per share, giving the company a market capitalization of Rs 5,379 crore ($606 million).

Chaayos crosses Rs 300 Cr revenue in FY25; EBITDA jumps 6.5X

EntrackrEntrackr · 12d ago
Chaayos crosses Rs 300 Cr revenue in FY25; EBITDA jumps 6.5X
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After flat growth in FY24, Chaayos rebounded in FY25, posting 25% revenue growth to cross Rs 300 crore, while cutting losses by 53% and boosting EBITDA 6.5 times. After flat revenue growth in FY24, tea café chain Chaayos staged a strong comeback in the fiscal year ended March 2025 and posted 25% revenue growth to cross the Rs 300 crore mark. During the same period, the company narrowed its losses by 53%, while EBITDA jumped 6.5 times. Chaayos’ revenue from operations grew by 25% to Rs 310.6 crore in FY25 from Rs 248.6 crore in FY24, according to its consolidated financial statement filed on the Registrar of Companies (Roc). Founded in 2012 by Nitin Saluja and Raghav Verma, Chaayos sells a variety of teas and other snacks and beverages with dine-in, takeaways, and online ordering facilities. It has over 200 outlets across Delhi-NCR, Mumbai and Bengaluru. The company is aiming to have 400 outlets by next year. The sale of teas, snacks, and beverages remained the firm’s primary revenue source. Sales of manufactured goods accounted for over 96% of total revenue at Rs 300 crore, while sales of traded goods stood at Rs 9.5 crore. The company generated Rs 19.1 crore from non-operating income, which took its total income to Rs 329.7 crore in the last fiscal year. On the expense front, Chaayos’ largest cost component, the cost of materials, rose 26% year-on-year to Rs 96.32 crore in FY25. Employee benefits expenses declined marginally by 3% to Rs 78.65 crore. Other major costs included depreciation and amortization at Rs 51.8 crore and commissions, which increased 21% to Rs 31.3 crore. Finance cost and expenses were recorded at Rs 29.42 crore and Rs 14.55 crore respectively. Other expenses, including power & fuel, legal & professional, travelling expenses added another Rs 53 crore to total expenses for the firm, which increased 9% to Rs 355 crore in FY25. A 25% increase in revenue from operations, along with tighter cost control across verticals, helped Chaayos cut its losses by 53% to Rs 25.4 crore in FY25. The company also posted a sharp improvement in profitability, with EBITDA rose nearly 6.5X to Rs 37 crore, while ROCE and EBITDA margin improved to -3.72% and 11.85%, respectively. On a unit basis, the company spent Rs 1.14 to earn one rupee of operating revenue in FY25. As of March 2025, the Tiger Global–backed firm reported current assets of Rs 155.7 crore, which included Rs 17 crore in cash and bank balances. Chaayos has raised over $90 million across multiple funding rounds, including its $45 million Series C round in June 2022 led by Alpha Wave, with participation from Elevation Capital, Tiger Global, and Think Investments.

INDmoney’s revenue jumps 2.3X to Rs 164 Cr in FY25

EntrackrEntrackr · 1m ago
INDmoney’s revenue jumps 2.3X to Rs 164 Cr in FY25
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INDmoney’s operating revenue surged 2.3X year-on-year to Rs 164 crore in FY25, compared to Rs 70 crore in FY24. Its total revenue grew 67% to Rs 214 crore during the same period. Wealth management and investing platform INDmoney more than doubled its operating revenue in FY25. However, the company’s losses widened during the year as it stepped up investments across trading, lending, and global investing infrastructure. Unlike trading-led brokerages, INDmoney said that less than 10% of its revenue in FY25 came from futures and options (F&O) trading, with the bulk of income generated from long-term investor behaviour. Around 85% of the company’s revenue now has annuity or perpetuity-like characteristics, led by recurring investments, long-term asset holding, and repeat usage across products. According to the company, the platform earns revenue across multiple segments, including Indian and US equities, cross-border remittances, wealth management services, secured lending, insurance, and other financial products. The company also recently introduced trading services under a separate platform, INDstocks. On the bottom line, INDmoney’s cash losses widened to Rs 76 crore in FY25, compared to Rs 32 crore in FY24. As per the company, the increase in losses was primarily due to front-loaded investments during the year. These included building a full-stack Indian trading infrastructure, expanding global investing capabilities through GIFT City, setting up in-house lending rails for its NBFC business, strengthening compliance and technology systems, and higher user acquisition costs related to INDstocks. INDmoney has raised $133 million since its inception in 2019. The Ashish Kashyap-led company raised its latest funding worth $75 million in January 2022 at a valuation of more than $600 million.

Zypp Electric revenue grows 50% in FY25; losses stands at Rs 107 Cr

EntrackrEntrackr · 2d ago
Zypp Electric revenue grows 50% in FY25; losses stands at Rs 107 Cr
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B2B delivery and shared mobility startup Zypp Electric continued its strong growth momentum in the fiscal year ended March 2025, recorded a 50% year-on-year jump in scale, and crossed Rs 400 crore in revenue. Zypp Electric’s revenue from operations grew to Rs 438 crore in FY25 from Rs 293 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC). Zypp Electric is an EV-as-a-service platform offering electric vehicle rentals along with delivery services through its e-scooter fleet for gig workers. Revenue from delivery services accounted for 74% of operating revenue, which rose 56% to Rs 323 crore in FY25. Income from the renting of vehicles grew 32% to Rs 111 crore in FY25 from Rs 84 crore in FY24. The firm generated Rs 11 crore from interest income, which pushed its total income to Rs 449 crore in FY25. On the spending side, the company booked 64% of its total cost under expenditure on production, transportation, and other operating activities (riders' expenses), which grew by 49% to Rs 355 crore in FY25 from Rs 238 crore in FY24. Employee benefit expenses increased by 43% to Rs 67 crore, while depreciation charges stood at Rs 38.5 crore. Its rent, legal, and other overheads took Zypp Electric’s total expenses up by 42% to Rs 556 crore in FY25 from Rs 392 crore in FY24. Despite the growth, the 42% increase in total cost led the company to post a loss of Rs 107.5 crore in FY25 compared to Rs 89.5 crore in FY24. Its ROCE and EBITDA margin stood at -52.16% and -15.98%, respectively. On a unit basis, the company spent Rs 1.27 to earn a rupee in FY25. Zypp Electric recorded cash and bank balances of Rs 72.5 crore, while its current assets stood at Rs 174.5 crore during the said period. Zypp Electric has raised around $76.5 million of funding to date, with ENEOS Group as its lead investor. In a recent development, the Gurugram-based company is raising Rs 55.4 crore ($6.5 million) from 16 investors, as part of its ongoing Series C funding round. Zypp’s competitor, Yulu’s operating revenue jumped 98% year-on-year to Rs 237.4 crore in FY25. The company also trimmed its losses by 12% to Rs 126 crore in FY25, compared to Rs 142.8 crore in FY24.

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

EntrackrEntrackr · 9m ago
Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%
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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.

GIVA’s revenue jumps 89% to Rs 518 Cr in FY25

EntrackrEntrackr · 8d ago
GIVA’s revenue jumps 89% to Rs 518 Cr in FY25
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GIVA’s revenue jumps 89% to Rs 518 Cr in FY25 Jewelry startup GIVA continued its impressive growth in FY25 as the company reported an 89% year-on-year increase in revenue after recording 66% growth in FY24. However, in its push to chase scale, the company’s losses widened by 22% during the same period. GIVA’s revenue from operations grew 89% to Rs 518 crore in FY25 from Rs 274 crore in FY24, according to its financial statements sourced from the Registrar of Companies (RoC). GIVA makes money from the sale of jewellery products through its digital and physical retail network. The firm initially focused on silver jewellery and now has expanded into gold and lab-grown diamond categories. The company reported a nearly even split between online and offline channels, with each contributing roughly 50% to overall revenue. During the year, GIVA crossed the 200-store milestone and is approaching 300 outlets. The company also entered an international market with the launch of its first store in Sri Lanka which reported revenue of Rs 10.7 crore in FY25. The company’s total income stood at Rs 523 crore for the period. The cost of materials, the largest expense component for GIVA, rose 97% to Rs 227 crore and accounted for 38% of the overall expenses. The higher procurement activity also pushed up inventory levels as the firm’s inventory rose 108% to Rs 100 crore in FY25. Its employee benefit expenses jumped 82% to Rs 91 crore in FY25 from Rs 50 crore in FY24. Marketing expenditure increased 55% to Rs 135 crore, while rental expenses surged 135% to Rs 47 crore amid offline expansion push. Overall, GIVA’s total expenses increased 76% to Rs 596 crore in the last fiscal year from Rs 338 crore in FY24. In order to achieve scale, the Ishendra Agarwal-led company’s loss increased by 22% to Rs 72 crore in FY25 from Rs 59 crore in FY24. Its ROCE and EBITDA margin improved to -21.52% and -10.81% respectively. On a unit basis, the company spent Rs 1.15 to earn a rupee in the fiscal year ending March 2025, an improvement from Rs 1.23 in FY24. The Bengaluru-based company recorded current assets worth Rs 291 crore, including cash and bank balances of Rs 37 crore at the end of FY25, compared to Rs 83 crore in the previous year. GIVA has raised around $122 million to date, with IQ Capital as its lead investor, including a $61.5 million Series C round led by growth-stage investor Creaegis. It’s preparing for a listing, with the founder indicating that the IPO is likely to be targeted once the business reaches an annual revenue run rate of Rs 1,800–2,000 crore, which is expected over the next two to three years.

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

EntrackrEntrackr · 4m ago
Three-year-old Zype’s revenue jumps 5X to Rs 101 Cr in FY25
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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.

Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%

EntrackrEntrackr · 6m ago
Blackbuck posts Rs 144 Cr revenue in Q1 FY26, profit grows 17%
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Blackbuck has released its financial report for the first quarter of the ongoing financial year ending March 2026. The Bengaluru-based company reported a 57% year-on-year growth in scale in Q1 FY26 and posted a profit of Rs 34 crore in the quarter. Blackbuck's revenue from operations grew to Rs 144 crore in Q1 FY26 from Rs 92 crore in Q1 FY25, its financial statements sourced from the National Stock Exchange show. On a quarter-on-quarter basis, Blackbuck’s operating revenue increased 18% to Rs 144 crore in Q1 FY26 from Rs 122 crore in Q4 FY25. Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 160 crore in Q1 FY26, compared to Rs 98 crore in Q1 FY25. Looking at the expenses, the employee benefit cost accounted for 32% of the overall expenditure which fell 5% year-on-year to Rs 37 crore in Q1 FY26 from Rs 39 crore in Q1 FY25. Deprecation and other operating expenses were key overheads that drove total expenditure to Rs 114 crore in Q1 FY26, compared to Rs 92 crore in the same quarter last year. Blackbuck’s net profit increased 17% to Rs 34 crore in Q1 FY26, as compared to Rs 29 crore in Q1 FY25. Blackbuck debuted on the stock exchange at Rs 208.90 and is now trading at Rs 481.85 (at 15:26 PM), bringing its total market capitalization to Rs 8,670 crore ($1 billion).

Info Edge posts Rs 750 Cr revenue in Q4 FY25; profit jumps 7.7X

EntrackrEntrackr · 9m ago
Info Edge posts Rs 750 Cr revenue in Q4 FY25; profit jumps 7.7X
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Info Edge, the parent company of Naukri and 99acres, reported a 14.2% growth in operating revenue in the fourth quarter of the last fiscal year (FY25), while its profit jumped 7.7X due to a decline in expenses. The Noida-based company’s operating revenue rose to Rs 750 crore in Q4 FY25 from Rs 657 crore in Q4 FY24, according to documents sourced from the National Stock Exchange (NSE). On a fiscal basis, the Sanjeev Bikhchandani-led firm recorded Rs 2,849 crore in revenue during FY25, a 12% increase from Rs 2,536 crore in FY24. Info Edge derives the majority of its revenue from Naukri.com, which contributed Rs 542 crore in the quarter ending March 2025, a 13% year-on-year growth compared to Q4 FY24. Meanwhile, revenue from 99acres reached Rs 106 crore, while the Jeevansathi and Shiksha segments collectively generated Rs 102 crore during the same quarter. The company added another Rs 520 crore from interest on deposits and investment which pushed its overall revenue to Rs 1,270 crore in Q4 FY25. On the fiscal basis, its total income stood at Rs 3,922 crore in FY25. On expense side, Info Edge spent 61% of its overall expenditure on employee benefits, which increased a modest 13% year-on-year to Rs 331 crore in Q4 FY25. Its advertising and internet costs stood at Rs 100 crore and 21 crore, respectively. The company’s overall cost grew 15% YoY to Rs 539 crore in Q4 FY25 from Rs 469 crore in Q4 FY24. Meanwhile on the fiscal basis, total cost rose 9% to Rs 2,002 crore in FY25. The steady growth and surge in other income with controlled expenditure led its profits to spike 7.7X to Rs 678 crore in Q4 FY25, compared to Rs 88 crore in Q4 FY24. On a fiscal basis, the firm’s profit doubled to Rs 1,310 crore in FY25 from Rs 594 crore in FY24. As of 2:43 PM, Info Edge is trading at Rs 1,456, down 1.19% from today’s opening price. The firm’s market capitalization stands at Rs 94,337 crore.

Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X

EntrackrEntrackr · 1y ago
Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X
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Info Edge posts Rs 722 Cr revenue in Q3 FY25; profit jumps 2.5X Info Edge, the parent company of Naukri and 99acres, released its unaudited financial results for Q3 FY25. According to the company’s update sourced from the National Stock Exchange (NSE), revenue from operations grew by 15.2% to Rs 722 crore in Q3 FY25 from Rs 627 crore in Q3 FY24. The company recorded Rs 2,100 crore in revenue during the first nine months of FY25, with profits reaching Rs 632 crore. Info Edge derives the majority of its revenue—73%—from Naukri.com, which contributed Rs 527 crore in Q3 FY25, marking a 12.3% year-on-year growth compared to Q3 FY24. Meanwhile, revenue from 99 acres reached Rs 104 crore, while the Jeevansathi and Shiksha segments collectively generated Rs 91 crore during the same quarter. The company added another Rs 187 crore from interest on deposits and investments, which pushed its overall revenue to Rs 9,094 crore in Q3 FY25, compared to Rs 660 crore in Q3 FY24. Info Edge spent 62.6% of its overall expenditure on employee benefits, which increased by a modest 9.7% year-on-year to Rs 305 crore in Q3 FY25. Its advertising and internet costs stood at Rs 82 crore and 20 crore, respectively. The company’s overall cost grew 7% YoY to Rs 487 crore in Q3 FY25 from Rs 455 crore in Q3 FY24. The steady growth and surge in other income with controlled expenditure led its profits to increase by 142% to Rs 288 crore in Q3 FY25, compared to Rs 119 crore in Q3 FY24. On a unit level, it spent Rs 0.67 to earn a rupee in Q3 FY25. As of 4:40 PM, Info Edge is trading at Rs 7,910, reflecting a Rs 203.1 increase following today's results. Its total market capitalization value improved to Rs 1,02,501 crore ($12.2 billion).

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