Udaan posts Rs 5,134 Cr gross revenue and Rs 852 Cr loss in FY26
Udaan, a B2B e-commerce platform, grew revenue and reduced losses in FY26 as it prepares for a public listing.
Reported by Entrackr : Latest Posts · context written by Hushread
In brief
- Udaan's gross revenue rose 12.6% to Rs 5,134 crore in FY26 after a decline in the previous year.
- The company reduced its net loss by 19.2% to Rs 852 crore in FY26, continuing a four-year trend of narrowing losses.
- Udaan acquired Swiggy's Lynk Logistics for Rs 500 crore, expanding its retail distribution network and brand partnerships.
- Material and logistics costs increased, but employee benefit expenses declined significantly due to lower ESOP costs.
- Udaan is preparing for an IPO and expects to become profitable by late 2027 or early 2028.
What happened
Udaan, a Bengaluru-based B2B e-commerce company, reported a 12.6% increase in gross revenue to Rs 5,134 crore in FY26. The company also reduced its net loss to Rs 852 crore, a 19.2% improvement over the previous year, and made acquisitions to expand its distribution business.
Why it matters
Udaan's financial improvement and expansion efforts are significant for its employees, investors, and partners as it moves closer to a public listing. The company's ability to reduce losses and grow revenue signals a potential turnaround after previous declines, affecting its position in the competitive B2B e-commerce sector.
How we got here
Founded in 2016 by former Flipkart executives, Udaan connects brands and wholesalers with retailers. After a revenue decline in FY25, the company shifted focus from non-core categories to essential goods, helping stabilize its business. Udaan has also made strategic acquisitions and structured financing moves to strengthen its balance sheet.
What happens next
Udaan is expected to continue focusing on profitability and expanding its distribution network. Observers will be watching for progress toward its stated goal of achieving profitability by late 2027 or early 2028 and for updates on its planned IPO.