Udaan bounces back: Revenue hits ₹5,134 crore, as FY26 losses shrink 19%
- Udaan returned to top-line growth in FY26, posting gross revenue of ₹5,134 crore, up 12.6% year-on-year.
- The B2B e-commerce platform reduced net losses by 19.2% to ₹852 crore, continuing a four-year recovery trend.
- Decreased employee ESOP expenses contributed directly to reducing operating costs and narrowing total annual net losses.
- Udaan agreed to acquire Swiggy's Lynk Logistics for ₹500 crore to expand retail distribution ahead of IPO.
Source: entrackr.com
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