Agritech startup DeHaat posts Rs 369 crore profit in FY25, trims costs

Agritech startup DeHaat posted a net profit of Rs 369 crore in FY25 compared to a loss of Rs 1,133 crore a year ago. However, the turnaround is primarily attributable to a one-time gain of Rs 576 crore due to non-cash fair value adjustments.

The Temasek-backed firm saw its operating revenue increase 12% to Rs 3,010 crore during the financial year ended 31 March 2025, from Rs 2,675 crore in 2023-24. Total expenses stood at Rs 2,671 crore in FY25, compared to Rs 3,853 crore a year ago.

On July 29, ET had reported that the firm is operating at an annual…