New Delhi, Oct. 30 -- Skilling major upGrad reported EBITDA profitability for FY25, supported by steady revenue growth, operating efficiency, and disciplined global expansion. The company recorded a Gross Revenue of INR 1,943 crore - which post Ind-AS accounting closed at a total Income of INR 1,650 crore, reflecting sustained demand from learners and enterprises. Further, the company carries INR 556 crore collected but unrecognised revenue, to be recognised in the future.
upGrad posted an Ind-AS EBITDA profit (including one-time costs and other income) of INR 15 crore in FY25, a turnaround from an EBITDA loss of INR 285 crore in FY24 - a reduction of 105% in losses year-on-year. Excluding one-time costs, EBITDA profit stood at INR 38 cr...
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