Uppercase’s losses double in FY25; revenue grows 34%

Uppercase, a sustainable travel accessories and lifestyle brand, recorded steady growth in the last fiscal year ending March 31, FY25. However, its losses widened as expenses surged, led by higher material and marketing costs.

The company’s operating revenue grew 34% to Rs 83 crore in FY25 from Rs 62 crore in FY24, according to its financial statements filed with the Registrar of Companies (RoC).

Uppercase primarily sells eco-friendly trolleys, backpacks, and duffel bags which accounted for 98% of the operating revenue. The company also earned Rs 2…