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Uber India's net loss narrows 35% YoY to ₹216 cr in FY22
short by Mansi Agarwal / on Thursday, 22 December, 2022
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.
read more at Financial Express