CONNECT WITH US
Funding Tracker

Funding Tracker

IntrCity SmartBus’ FY26 revenue rises 40% to Rs 691 Cr; losses rise 76%

Entrackr logo

Published on

Add as a preferred source on Google
IntrCity SmartBus’ FY26 revenue rises 40% to Rs 691 Cr; losses rise 76%

Travel-tech platform IntrCity Smartbus, reported a 40.1% year-on-year increase in operating revenue in FY26, following a Rs 250 crore Series D round led by A91 Partners in October 2025 to support expansion and technology upgrades. However, its losses widened 76% to Rs 28 crore during the year.

IntrCity’s revenue from operations grew to Rs 690.9 crore during FY26 as compared to Rs 493.2 crore in FY25, as per the company’s consolidated financial statements with the Registrar of Companies.

IntrCity SmartBus offers intercity bus travel through its digital platform and a network of independent operators, with services such as live tracking, onboard captains and boarding lounges. It also operates RailYatri, a train travel information and services platform, and relies on rented vehicles and operator partnerships rather than owning its fleet.

Bus operations remained the largest contributor to revenue at Rs 670.35 crore, or about 97% of operating revenue in FY26. Revenue from this service increased 42.5% from Rs 470.56 crore in FY25 as the company expanded its core intercity travel business.

Commission income declined 23.6% to Rs 14.18 crore from Rs 18.55 crore in the previous fiscal year. Meanwhile, revenue from advertisement services nearly doubled to Rs 2.44 crore from Rs 1.27 crore.

Including other operating and non-operating income, Intrcity’s total income stood at Rs 693.6 crore in FY26.

13 crore in FY25. The expense accounted for nearly 75% of total costs, in line with IntrCity's asset-light model that relies on rented vehicles and partner operators.



Source link
Related Topics:Funding Tracker

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.