World

Uber India’s FY25 sales rise 2.3%, losses widen


Uber India's FY25 sales rise 2.3%, losses widen

BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net loss stood at Rs 1,511 crore for the year, compared with Rs 89 crore a year earlier. Net margin slipped to negative 38.8%, versus -2.3% in FY24.



Source link

Related posts

CAG study: GST boosted own revenue of almost all states

beyondmedia

Former South Korean president Yoon Suk Yeol handed life sentence after declaring martial law in 2024 | UK News

beyondmedia

UK PM Keir Starmer blocks Donald Trump from using RAF bases for potential Iran strike

beyondmedia

Leave a Comment