Startup X's Stunning Reversal: From Rs 342 Cr Loss to Rs 6 Cr Profit

Startup X’s Stunning Reversal: From Rs 342 Cr Loss to Rs 6 Cr Profit

Bengaluru-based tech startup, X, announced a remarkable turnaround in its financial performance. The company reported an adjusted profit before tax (PBT) of Rs 6 crore for the fiscal year ending March 31, 2025.

This represents a significant recovery from a substantial loss of Rs 342 crore incurred in the previous fiscal year (FY24). The adjusted PBT excludes expenses related to employee stock ownership plans (ESOPs).

The impressive turnaround is attributed to .

This news underscores the resilience of India’s startup ecosystem, demonstrating the ability of innovative companies to navigate challenging economic conditions and achieve remarkable growth. The success of X offers valuable lessons for other startups facing similar hurdles, highlighting the importance of strategic planning and adaptability in a dynamic market.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.