Fresh Bus' FY26 Revenue More Than Doubles To Rs.63.5; Net Loss Widens 33%
India, Oct. 1 -- ixigo backed e-intercity bus operator Fresh Bus reported a 2.4X jump in its FY26 operating revenue to Rs.63.5 Cr from Rs.26.3 Cr as it expanded its electric fleet and route network.
The startup's top line grew on the back of a rapid expansion of its bus fleet and routes, founder and CEO Sudhakar Reddy Chirra told Inc42.
The expansion also led to the startup's bottom line for the fiscal swelling 33% to Rs.43.6 Cr from Rs.32.8 Cr loss incurred in the previous fiscal.
The startup's bottom line was weighed down by a sharp increase in expenditure over the fiscal. Its total expenses rose 81.4% YoY to Rs.107.2 Cr from Rs.59.1 Cr in the year-ago period.
The jump in expenses in FY26 was primarily linked to the expansion of the...
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