India, Feb. 25 -- Community management and security startup MyGate managed to trim its net loss for the fiscal year FY25 by 61% to Rs.15.4 Cr from Rs.39.7 Cr loss incurred in the previous fiscal. The startup's bottom line performance improved on the back of a sharp uptick in its operating revenue.

It reported an EBITDA loss of Rs.3.9 Cr. Its EBITDA margin stood at -2%.

For the fiscal year under review, MyGate reported a 80% jump in operating revenue to Rs.173.5 Cr from Rs.96.2 Cr in FY24.

Cofounder and CEO Abhishek Kumar told Inc42 that the previous fiscal marked a shift for MyGate towards a sustainable growth path. He noted that the startup turned profitable on a PBT basis, reporting a PBT of Rs.7.1 Cr.

For FY26, he expects revenue t...