Exclusive: Unacademy narrows EBITDA losses by 38% in FY25, reports Rs 826 Cr income

Despite the year-on-year decrease in the total revenue from the last two fiscal years, edtech unicorn Unacademy has managed to reduce its EBITDA losses by 37.6% year-on-year in the fiscal year ending March 2025.

Unacademy’s total revenue decreased 16% year on year to Rs 826.3 crore in FY25, compared to Rs 988 crore in FY24,  according to the internal document reviewed by Entrackr.

Moreover, the  SoftBank-backed firm also reduced its net losses by 31% year-on-year to Rs 436 crore in FY25. For context, the SoftBank-backed firm cut its losses by 62% in FY24.

Meanwhile, the firm’s EBITDA loss was Rs 305 crore, down from Rs 489 crore in FY24, a 38% reduction due to cost optimisation measures.

As of March 2025, Unacademy had a cash and cash equivalent balance of Rs 1,238 crore, as per the document. In April, Munjal stated that the company is financially stable, and that units such as Graphy and PrepLadder are generating positive cash flows each month.

Entrackr has reached out to Unacademy for comments.

Recently, Unacademy elevated Sumit Jain, co-founder and head of its Graphy subsidiary, as CEO of its flagship Test Prep business. The leadership move is being viewed as part of a broader push to instill financial discipline and sharpen focus on its core vertical.