IPO-Bound Shiprocket’s FY25 Loss Narrows 88% To INR 74.5 Cr

Shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March 2025 from INR 595.2 Cr in FY24, led by improvement in margins and revenue growth

The IPO-bound startup’s revenue grew 24% YoY to INR 1,632 Cr in FY25 from INR 1,316 Cr in the previous fiscal year

Shiprocket’s total expenditure rose marginally to INR 1,749 Cr during the year under review from INR 1,709 Cr in FY24

Logistics major shiprocket saw its consolidated net loss decline 87.5% to INR 74.5 Cr in the year ended March…