Spinny Cuts FY25 Loss By 28% To INR 424 Cr On Strong Revenue Growth

Published

4 months ago

September 29, 2025

INC42

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SUMMARY

The startup’s operating revenue rose 25% to INR 4,656.1 Cr in FY25 from INR 3,730.0 Cr in FY24

Sale of products on its platform surged 26% YoY to INR 4,553.3 Cr

Expenditure also increased 17% to INR 5,170.1 Cr from INR 4,409.5 Cr spent in FY24

Tiger Global-backed used car marketplace Spinny has trimmed its net loss by 28% to INR 423.8 Cr in the fiscal year ending March 31, 2025 (FY25) from INR 590.3 Cr loss incurred in the previous fiscal year.

The startup managed to cut its loss at the behest of a strong uptick…