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Uber India's ride-hailing losses surge in FY25
Financial Express Mumbai
|February 14, 2026
UBER INDIA REPORTED a consolidated loss of $1,512 crore in FY25,up sharply from $89 crore in the previous fiscal, as its ride-hailing business bore the brunt of intensifying competition.
According to the company’s consolidated financial statements for the year ended March 31, net revenue from ride-hailing collapsed 89% to $88 crore from $807 crore in FY24. The drop is striking given that gross revenue from ride commissions remained flat at $2,604 crore during the year, pointing to a widening gap driven entirely
This story is from the February 14, 2026 edition of Financial Express Mumbai.
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