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Results · 15 October 2026IntrCity SmartBusIntercity bus platformintrcity.com ↗

IntrCity SmartBus revenue FY26: Rs 690.9 Cr, net loss Rs 28 Cr

IntrCity SmartBus FY26 revenue up 40%

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IntrCity SmartBus revenue

IntrCity SmartBus reported revenue of Rs 690.9 Cr in FY26, with a net loss of Rs 28 Cr. Reported 15 October 2026.

Revenue (FY26)Rs 690.9 Cr
Net loss (FY26)Rs 28 Cr
ResultsMobility & LogisticsFounded 2019
  • IntrCity SmartBus sells intercity bus travel through an app and independent operators, and also runs the train information service RailYatri
  • Operating revenue rose about 40% in FY26 to Rs 691 crore, with buses supplying roughly 97% of it
  • Its loss still widened 76% to Rs 28 crore, a year after a Rs 250 crore Series D led by A91 Partners

What happened

  • FY26 revenue hit Rs 690.9 crore versus Rs 493.2 crore.
  • Bus revenue was Rs 670.35 crore.
  • Commission income fell 23.6% to Rs 14.18 crore.
  • Advertising revenue nearly doubled to Rs 2.44 crore.
  • Loss widened to Rs 28 crore.

Why it matters

  • Growth followed a Rs 250 crore Series D in October 2025.
  • The money backed expansion and technology upgrades.
  • Bus operating costs grew 43.5%.

The business

  • Digital intercity bus platform.
  • Works with independent operators.
  • Offers live tracking and boarding lounges.
  • Also operates RailYatri.
  • Uses rented vehicles, not an owned fleet.

Who put in money

In numbers

Rs 690.9 CrOperating revenue · FY26
Rs 28 CrLoss · FY26

Earlier rounds

  • Series D: Rs 250 Cr led by A91 Partners (Oct 2025)

Words to know

Series D
A later-stage funding round for a growing company.

Read it as a card in the app

Terms in this story

  • Funding stage: Startups raise money in steps called funding stages: pre-seed, seed, Series A, B, C and later, ending in a stock-market listing or a sale. Each step is larger than the last and asks for more proof.
  • Series B/C: Series B, C, D and later rounds are growth rounds: large cheques that help a startup with a proven model expand faster, enter new markets or move toward profit and a listing.

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