HomeNewsBusinessStartupTata Digital trims FY25 loss to Rs 828 crore even as revenue growth slows

Tata Digital trims FY25 loss to Rs 828 crore even as revenue growth slows

Consumer platforms delivered mixed performance in FY25, with 1mg posting strong profits, BigBasket under pressure, and NeuPass loyalty growth signalling deeper cross-brand engagement

July 24, 2025 / 13:05 IST
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Tata Digital trims FY25 loss to Rs 828 crore even as revenue growth slows
Tata Digital trims FY25 loss to Rs 828 crore even as revenue growth slows

Tata Digital narrowed its net loss to Rs 828 crore in FY25, a 31 percent improvement over the previous year, even as revenue growth lost momentum. The company reported a 30 percent rise in operating income to Rs 547 crore for the year ended March 2025 — a significant slowdown from FY24, when revenue had more than doubled to Rs 421 crore. Losses in FY24 had stood at Rs 1,201 crore.

The Tata Sons-owned firm operates a portfolio of consumer-facing digital platforms including online grocer BigBasket, healthcare player Tata 1mg, electronics retailer Croma, fashion marketplace Tata Cliq, and its payments and loyalty app Tata Neu.

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BigBasket, once seen as a steady growth engine in Tata’s digital mix, continues to feel the heat from aggressive quick commerce rivals. Its business entity, Supermarket Grocery, saw revenue decline seven percent to Rs 2,227 crore in FY25, even as net loss narrowed 20 percent to Rs 102 crore. In FY24, the unit had posted Rs 2,392 crore in revenue and a net loss of Rs 128 crore.

BigBasket is now implementing a multi-category quick commerce (MC/QC) strategy, where it leverages BigBasket’s existing dark stores, warehouses, and last-mile fleet to enable Tata-owned brands like Croma, Titan, 1mg, Qmin, and others to offer fast delivery under a unified platform. This model is aimed at improving asset utilisation and deepening integration across Tata’s consumer businesses, Moneycontrol reported earlier.