Rapido's FY25 Losses Narrow, Revenue Soars to Rs 934 Crore Driven by Deliveries & Subscriptions
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Storyboard•20-01-2026, 13:55
Rapido's FY25 Losses Narrow, Revenue Soars to Rs 934 Crore Driven by Deliveries & Subscriptions
- •Rapido significantly reduced its losses to Rs 258 crore in FY25 from Rs 371 crore in FY24, while operating revenue surged 44% to Rs 934 crore.
- •Delivery services became Rapido's largest revenue stream, generating Rs 340 crore, surpassing traditional ride commissions.
- •Subscription income saw a nearly fourteenfold increase to Rs 275 crore, fueled by ride passes and platform benefits for riders and drivers.
- •Revenue from ride commissions declined by 23.5% to Rs 277 crore, indicating a strategic shift in the company's business model.
- •Total expenses grew 18.3% to Rs 1,261 crore, with advertising and promotion costs reaching Rs 252 crore, and employee expenses at Rs 207 crore.
Why It Matters: Rapido successfully narrowed losses and boosted revenue in FY25 by shifting focus to delivery and subscription services.
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