Udaan’s FY26 Revenue Rises 13% To ₹5,134 Cr, Loss Narrows To ₹852 Cr

B2B ecommerce unicorn Udaan’s operating revenue grew 12.6% to ₹5,134 Cr in the financial year ended March 2026 (FY26) from ₹4,561 Cr in FY25. The startup’s net loss narrowed 19.4% to ₹851.5 Cr from ₹1,055.4 Cr in the previous fiscal, according to its financial statements. The recovery follows an uneven revenue trajectory — a 40% decline in FY23, marginal growth of 1.7% in FY24, and a 20% fall in FY25.