CarDekho Group Revenue Hits ₹2,795 Crore in FY25, Losses Narrow

CarDekho Group, the operator of platforms like CarDekho, InsuranceDekho, and BikeDekho, reported a significant revenue increase for FY25.  

The company's consolidated operating revenue rose by 24% year-on-year to ₹2,795 crore, compared to ₹2,250 crore in the previous fiscal year. 

Revenue Growth and Key Drivers 

The growth in revenue was attributed to steady performance across CarDekho's diversified business segments, including auto classifieds, fintech, shared mobility, insurance, and international operations. The fleet management arm, Carrum, emerged as a significant growth driver, while the core standalone business maintained profitability. 

Despite the increase in revenue, CarDekho's consolidated losses narrowed marginally to ₹266 crore in FY25 from ₹276 crore in the previous year. The company cited continued investments and growth-stage losses in its insurance and Southeast Asia businesses as primary factors for the losses. As of March 2025, CarDekho Group held net cash reserves of ₹1,177 crore. 

Standalone Business and Fintech Expansion 

On a standalone basis, CarDekho's flagship auto classifieds and financing operations remained profitable for the second consecutive year. Standalone revenue surpassed the ₹1,000 crore mark in FY25, with profitability from the auto classifieds segment increasing by 60%. 

CarDekho’s fintech arm, Rupyy, facilitated loan disbursements worth approximately ₹16,000 crore across various segments, including used cars, new cars, commercial vehicles, and personal loans. The new car financing segment recorded a 97% growth, and Rupyy now services over 95% of India's pin codes. 

Fleet Management and Shared Mobility 

The fleet management business, Carrum, scaled rapidly during FY25. Carrum partnered with Uber to manage Uber Black fleets in Delhi-NCR and Mumbai, expanding operations to all major Tier-1 cities and managing over 1,500 vehicles. 

The shared mobility subsidiary, Revv, acquired in FY24, reported a 40% year-on-year growth. The business expanded to 16 cities with a fleet of more than 1,300 cars, serving over 65,000 customers during the year. 

Read More: Edtech Platform CollegeDekho Secures $10 Million Investment from CarDekho Group! 

Insurance and International Expansion 

InsuranceDekho continued its expansion, operating in over 1,500 cities and covering 98% of India's pin codes. Internationally, CarDekho expanded its auto classifieds and financing presence across Southeast Asia and entered the Middle East markets of the UAE and Saudi Arabia. 

Conclusion 

CarDekho Group's FY25 performance highlights its robust revenue growth and narrowing losses, driven by diversified business operations and strategic expansions. The company's focus on fintech, fleet management, and international markets has contributed to its overall growth trajectory. 

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