Uber India's net loss narrows 35% YoY to ₹216 cr in FY22

Uber India recorded a net loss of ₹216 crore in FY22, down 35% from ₹334 crore in the previous fiscal year as demand for travel surged in the post-COVID-19 period. The ride-hailing company's expenses decreased 13.4% to ₹853 crore in FY22 from ₹985 crore in FY21. Overall, its total revenue in FY22 increased 4% year-over-year to ₹560 crore.