Results · Professional & Local Services
ZoloStays revenue jumps 67% in FY25, loss narrows
By Startup Enthusiast ·
- Date
- Company
- ZoloStays
- What it does
- Co-living and managed accommodation platform
- Kind
- Results
What they do
ZoloStays is a co-living platform for students and professionals
What happened
It reported Rs 342.3 crore revenue in FY25, up 67%, and loss fell 38% to Rs 35 crore
Why it matters
Property management costs rose 83.6%, but the company improved operational efficiency
The details
- ZoloStays reported its financial results for FY25.
- Operating revenue grew 67% to Rs 342.3 crore from Rs 204.4 crore in FY24.
- Loss narrowed 38% to Rs 35 crore from Rs 56.8 crore in FY24.
- Accommodation and allied services contributed 80% of revenue, at Rs 273 crore.
- Revenue from services to colleges and universities fell 30.7% to Rs 62.9 crore.
- Total expenses rose 43.3% to Rs 381.1 crore, with property management costs up 83.6%.
- The company had Rs 10.19 crore in cash at the end of FY25.
The bigger picture
- ZoloStays reported higher revenue and lower losses in FY25, even as expenses grew.
- The company spent Rs 1.11 to earn every rupee in FY25.
- EBITDA margin was -4.12% and ROCE was -23.23% in FY25.
- An exceptional gain of Rs 100.47 crore from a business sale boosted last year's profit.
About the business
- ZoloStays is a co-living and managed accommodation platform.
- It serves students, professionals, and organizations.
- Accommodation and allied services make up 80% of its operating revenue.
- It also provides services to colleges and universities.
- The company has raised $118 million in total funding to date.
Investors
- Nexus Ventures (existing) — Largest external stakeholder with 34% stake.
- Investcorp (existing)
- Mirae Asset (existing)
Same day
- Niyo launches zero-markup forex model17 April 2026 · Launch
- Pocket FM CEO announces March 2026 annual recurring revenue crossing $400 million17 April 2026 · Results · $430 Mn (₹4,000 Cr) ARR
- BlueStone grants ESOPs worth ₹11 crore17 April 2026 · Milestone · ₹11 crore
- IPF raises seed funding from Titan Capital17 April 2026 · Funding
- FIFTH SENSE raises ₹6.3 crore in pre-seed funding17 April 2026 · Funding · ₹6.3 crore ($679K)
- Avaada Electro gets Sebi approval for initial public offering17 April 2026 · IPO · ₹9,000-10,000 crore