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Udaan sees growth after four years with 13 per cent rise in revenues

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Udaan sees growth after four years with 13 per cent rise in revenues

Udaan sees growth after four years with 13 per cent rise in revenues

Udaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according to Vishnu Menon, the company’s senior vice president, business finance. The approach marks a move away from expanding across markets towards improving efficiency and profitability in existing ones, he said.

Business-to-business (B2B) ecommerce platform Udaan returned to growth in FY26 after four years of slowdown, while continuing to pare losses. The Bengaluru-based company reported a 13% increase in operating revenues to Rs 5,134 crore, according to financial documents filed in Singapore by its parent company. Revenues had declined 20% in FY25, following a marginal 1% increase in FY24 and a 40% plunge in FY23. Udaan also cut its net loss by 19% to Rs 850 crore in FY26. Udaan has shifted to a cluster-led operating model with greater accountability for performance at the city and category levels, according to Vishnu Menon, the company’s senior vice president, strategy and business finance. The approach marks a move away from expanding across markets towards improving efficiency and profitability in existing ones, he said. Advt

“We are also seeing this shift in our revenue mix. Private labels now contribute approximately 15-25% of staples sales across operating cities, helping improve margins, increase wallet share, and drive greater value from our existing sourcing and distribution infrastructure,” Menon wrote in a LinkedIn post. Bengaluru, its largest market, has also turned Ebitda positive, according to the company.


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