Archive · 3 Dec 2025
upGrad Cuts Losses by 51% in FY25
upGrad, a company that helps people learn online, made less money in the last year, but they also spent a lot less.
This means they lost less money overall.
They are trying to become more profitable, which is important because they want to sell shares to the public in a few years.
The company also wants to buy other companies that help students prepare for tests and learn in school.
They had some big changes, like their leader leaving and getting new money from investors.
Even though they are doing better, they still have to pay a lot of interest on money they borrowed.
upGrad's revenue grew by 5.5% to ₹1,569.3 crore in FY25, up from ₹1,487.6 crore in FY24.
Net loss shrank by 51% to ₹273.7 crore in FY25, compared to ₹559.9 crore in FY24.
Operating loss (Ebitda) fell by 81% to ₹65.4 crore in FY25, down from ₹344 crore in FY24.
Total expenses dropped by 8% to ₹1,942.6 crore in FY25, with the largest decline in 'other expenses'.
Employee costs dipped to ₹703.7 crore in FY25, from ₹741.3 crore in FY24.
- Who
- upGrad, an edtech company led by Ronnie Screwvala
- What
- upGrad reported a 51% reduction in net loss and 81% reduction in operating loss in FY25
- When
- Fiscal Year 2025 (FY25)
- Where
- India
- Why
- The company prioritized profitability and reduced spending
- Revenue (FY25)
- ₹1,569.3 crore
- Revenue (FY24)
- ₹1,487.6 crore
- Net Loss (FY25)
- ₹273.7 crore
- Net Loss (FY24)
- ₹559.9 crore
- Operating Loss (Ebitda) (FY25)
- ₹65.4 crore
- Operating Loss (Ebitda) (FY24)
- ₹344 crore
- Total Expenses (FY25)
- ₹1,942.6 crore
- Total Expenses (FY24)
- ₹2,112.3 crore
- Employee Costs (FY25)
- ₹703.7 crore
- Employee Costs (FY24)
- ₹741.3 crore
- Interest Expenses (FY25)
- ₹127.2 crore
- Interest Expenses (FY24)
- ₹86.2 crore