India, Nov. 8 -- EV manufacturer Euler Motors managed to trim its losses in the financial year ended March 31, 2025 (FY25) on the back of a healthy spurt in its top line. The Delhi-based startup's net loss for the year under review reduced almost 12% to INR 200.2 Cr from INR 227 Cr loss incurred in FY24.

Euler Motors' operating revenue increased 12% to INR 191.3 Cr in FY25 from INR 170.8 Cr in the previous fiscal year. Including an other income of INR 14.7 Cr, the total revenue of Euler Motors stood at INR 206 Cr in FY25, up 18% from INR 175.1 Cr in the previous year.

The startup's core revenue channel, sales of vehicles, remained strong for the year under review contributing to about 90% of the total operating revenue at INR 173.1 Cr i...