CosmicTaco

upGrad's Revenue Soars to Rs 1,876 Cr in FY24

CosmicTaco · 2024-12-16T16:47:26.307394+05:30

- upGrad reported Rs 1,876 crore gross revenue for FY24, with total income at Rs 1,547 crore after Ind-AS adjustments. - EBITDA losses reduced by 50% year-on-year, standing at Rs 285 crore, with a significant cut in overall losses to Rs 560 crore. - The company saw a 50% growth in learner enrollments and enterprise business clientele, securing $60 million from Temasek in October. Source: [Entrackr](https://entrackr.com/news/upgrad-posts-rs-1876-cr-gross-revenue-in-fy24-ebitda-losses-down-by-50-8443109)

upGrad reported Rs 1,876 crore gross revenue for FY24, with total income at Rs 1,547 crore after Ind-AS adjustments.
EBITDA losses reduced by 50% year-on-year, standing at Rs 285 crore, with a significant cut in overall losses to Rs 560 crore.
The company saw a 50% growth in learner enrollments and enterprise business clientele, securing $60 million from Temasek in October.

Source: Entrackr