Gaurav Munjal-led Unacademy narrowed its consolidated net loss by almost 40% in the financial year ended March 31, 2023, on the back of a sharp reduction in costs. Unacademy reduced its loss to INR 1,678.1 Cr in the financial year 2022-23 (FY23) from INR 2,847.9 Cr in the previous fiscal.