Inside The Numbers Lifting IPO-Bound Cult.fit

After years of prioritising expansion over profitability, Cult.fit’s pre-IPO papers and draft red herring prospectus (DRHP) suggest that the fitness startup may finally be focusing on its financial core. The Naresh Krishnaswamy-led startup reported a 41.6% year-on-year increase in operating revenue to ₹1,720.6 Cr in FY26 whilst trimming its consolidated net loss by 48% to ₹251.9 Cr from ₹480.6 Cr in the previous fiscal. At the same time, EBITDA losses also narrowed, and cash generated from opera