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ONDC’s FY25 loss narrows to Rs 147 crore even as expenses stay high, revenue more than doubles
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The government-backed Open Network for Digital Commerce (ONDC) has reported a more than 127% surge in total revenue at Rs 33.41 crore for 2024-25, as per financials sourced from market intelligence platform Tracxn.
The network had posted Rs 14.7 crore revenue in the previous fiscal year.
Despite the sharp topline growth, ONDC remains in the red. The net loss narrowed to Rs 147.13 crore in FY25 from Rs 195.6 crore in the previous year.
Total expenses declined to Rs 180.54 crore from Rs 210.3 crore a year earlier, reflecting some cost rationalisation…
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