Clear has reported Rs 272.15 crore in operating revenue for FY25, reflecting a 30 per cent year-on-year increase from Rs 209.84 crore in FY24, according to its consolidated financials filed with the Registrar of Companies. The company maintained its growth trajectory following the strong performance recorded in the previous fiscal year.
Clear, which provides tax and financial solutions for both businesses and individuals, derives most of its revenue from taxation and corporate secretarial services, contributing Rs 265 crore in FY25. An additional Rs 3.19 crore came from platform and technical services and commissions earned through mutual fund distribution. Non-operating income, primarily interest, added Rs 4.96 crore, taking the firm’s total income to Rs 277.11 crore for the year.
Expenses rose 19 per cent to Rs 369.16 crore, driven largely by employee benefits, which increased to Rs 220.83 crore, including Rs 14.97 crore in ESOP costs. Web hosting and software support expenses grew 33.7 per cent to Rs 52.94 crore, while advertising and promotional spending rose to Rs 28.5 crore. Recruitment and manpower outsourcing costs saw a significant jump to Rs 13.76 crore, alongside system integration and sales commission expenses of Rs 10.4 crore.
Despite the rise in revenue, Clear’s losses remained flat at Rs 95.62 crore for FY25. The company’s EBITDA margin and ROCE continued to be negative at -33.62 per cent and -173.2 per cent, respectively. Clear spent Rs 1.36 for every rupee of operating revenue generated during the fiscal year.
As of March 31, 2025, Clear reported Rs 78.42 crore in cash and bank balances, with total current assets of Rs 180.72 crore.
Send news announcements/press releases to:
info@b2bmarketmedia.com
