Yulu Cuts Its FY25 Loss By 12%; Revenue Doubles YoY

The article analyses Yulu’s FY25 financial performance, showing a 12% reduction in net loss to ₹126 crore and a near-doubling of revenue year-on-year to ₹237 crore. The company benefitted from strong demand in its electric shared-mobility business and growth in sales of its Yulu Wynn scooters. Despite rising operating costs, including material expenses, employee benefits, battery-swap operations, and depreciation, the company managed to improve its financial stability through better asset utilisation and scaling efficiencies. The article notes that Yulu’s business model remains capital-intensive but is showing signs of maturing as recurring revenues increase. It also highlights the company’s plans for network expansion, improved battery-swap infrastructure, and strategic partnerships with EV manufacturers and logistics players. The analysis frames Yulu’s results as a step toward long-term profitability, although operational challenges remain.