New Delhi, Aug. 18 -- upGrad, one of Asia's largest integrated skilling and lifelong learning majors, reported a decisive step-up in profitability for FY26. Ind-AS EBITDA rose more than eight-fold to INR 123 crore, from INR 15 crore on the same basis in FY25. Net loss narrowed 52% to INR 130 crore - the third consecutive year in which losses have more than halved year on year, down from a peak of INR 1,142 crore in FY23

The company reported Gross Revenue of INR 2,070 crore (inclusive of taxes), up 7% year-on-year and the post Ind-AS accounting closed at a total income of INR 1,732 crore. upGrad also carries INR 530 crore of collected and yet to be recognised revenue to be recognised in future years. In terms of business scale, the compan...