Overview

• Audited FY25 results approved at the AGM show operating revenue at Rs 1,930 crore and total revenue at Rs 2,071 crore.
• EBITDA burn fell 20% to Rs 738 crore as the margin improved from negative 89% to negative 38%.
• Cost discipline drove efficiency gains, with cost of services reduced to 77% of revenue and other operating expenses lowered to 61%.
• Organic revenue grew 33% to Rs 1,373 crore as VerSe pushes AI-led monetisation via NexVerse.ai, Dailyhunt Premium with Magzter, Josh Audio Calling, VerSe Collab and integration of Magzter and ValueLeaf.
• The company continues to dispute Bloomberg’s earlier round-tripping claim involving Builder.ai, citing emails, invoices and project documents.