Tata Digital trims losses by 31% in FY25; Croma, 1MG biggest contributors to top-line

Tata Digital significantly narrowed its losses by 31% to ₹828 crore in FY25, down from ₹1,200.82 crore in the previous fiscal year. Croma and Tata 1mg were the biggest revenue contributors, with Tata 1mg's revenue surging by 36% to ₹376 crore and its net profit tripling. Croma (Infiniti Retail) posted an impressive ₹19,064 crore in revenue. However, BigBasket's revenue declined by 7% to ₹2,227 crore due to intense competition from quick commerce rivals. Tata Digital continues to invest in its subsidiaries, demonstrating a strategic effort to improve profitability and market position across its diverse digital ventures.