Fresh Bus FY26 Revenue Jumps 2.4X to ₹63.5 Crore; Loss Widens

1 Oct 2026, 6:09 pm · 10h ago · 1 min read · Inc42

Ixigo-backed electric intercity bus operator Fresh Bus reported a 2.4X surge in operating revenue to ₹63.5 crore for FY26, up from ₹26.3 crore in FY25. However, the startup's net loss widened by 33% to ₹43.6 crore from ₹32.8 crore, driven by an 81.4% increase in total expenses to ₹107.2 crore due to fleet and route expansion. Founder and CEO Sudhakar Reddy Chirra stated that the company achieved positive contribution margins of 15% to 17% in March 2026 and aims to achieve overall profitability between April and June 2027.