Results
Niyo cuts FY25 net loss 55% to ₹78 crore
By Startup Enthusiast ·
- Date
- Company
- Niyo
- What it does
- Loss cut by more than half
- Kind
- Results
- Amount
- ₹78 Cr
- Based in
- Bengaluru
- Founded
- 2015
What they do
Niyo narrowed its net loss for the financial year ended March 2025 by about 55 percent to roughly ₹78 crore
What happened
The year before, the neobank had lost about ₹143 crore, so costs and losses both came down sharply
Why it matters
Operating revenue grew about 32 percent to ₹123 crore, while total spending fell about 15 percent
The details
- Net loss fell about 55% to about ₹78 crore in FY25.
- FY24 loss was about ₹143 crore.
- Revenue rose about 32% to about ₹123 crore.
- Expenses dropped about 15% to about ₹214 crore.
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