Upgrad Halves FY25 Loss to Rs 273.35 Crore as Revenue Edges Higher

Overview

• Consolidated revenue from operations rose 5.5% to Rs 1,569.3 crore for FY2024-25, according to filings shared via Tofler.
• Profit before tax was a loss of Rs 273.75 crore, while total revenue including other income reached Rs 1,649.9 crore with Rs 80.6 crore booked as other income.
• Total expenses fell 8% year-on-year to Rs 1,942.6 crore, including lower employee benefits (Rs 703.6 crore), advertising (Rs 303.6 crore) and miscellaneous costs (Rs 367.5 crore).
• On a standalone basis, revenue rose to Rs 1,074.54 crore and the net loss narrowed to Rs 333.25 crore, with standalone total income at Rs 1,119.62 crore.
• Upgrad Education Pvt Ltd reported Rs 1,120 crore in revenue, a net loss of Rs 333 crore—about 30% lower year-on-year—and total expenses of Rs 1,424 crore, Tofler reported.