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Udaan FY26 revenue rises 13% as losses narrow to ₹852 Cr

·StartupReader editorial desk· 1 min readReviewed by our editors
MILESTONE. ₹5,134 Cr revenue in FY26, B2B ecommerce unicorn.

B2B ecommerce unicorn Udaan reported a year-on-year increase in operating revenue to ₹5,134 crore in FY26, ending a multi-year stretch of stagnation. The company’s net loss narrowed significantly from the previous year, according to Inc42.

The improvement follows Udaan’s shift to a cluster-led operating model, which ties performance to city and category teams. Earlier StartupReader coverage noted this restructuring as a key driver of the revenue rebound. While the narrower loss suggests cost discipline, the company remains far from profitability.

Udaan’s FY26 performance contrasts with broader trends in Indian ecommerce, where major players have seen losses widen despite revenue growth. The comparison raises questions about whether Udaan’s model can sustain momentum without heavy reinvestment.

Investors and competitors will watch closely to see if the company can maintain its growth trajectory while further reducing losses—or if this marks a temporary recovery in a still-challenging market.

Sources: inc42.com

“Udaan’s first revenue growth in four years signals a potential turnaround, but profitability remains distant.”
— StartupReader
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