Moglix FY25 Loss halves as revenue approaches the $700 million mark.

The operating sales of B2B e-commerce company Moglix approached $700 million in the fiscal year that concluded in March 2025. According to its Singapore filings, the Bengaluru-based business generated operational revenue of $681.5 million in FY25, up 15% from $591 million the year before. The startup's overall revenue, including other income, increased from $601 million in FY24 to $692.8 million in the reviewed year.On the strength of improved margins and a restrained increase in spending, MoglixMoglix Datalabs_in-article-icon saw its loss almost halve to $11.3 Mn in FY25 from $21.7 Mn in the prior fiscal year. Moglix, which was founded in 2015 by Rahul Garg, supplies a variety of industrial tools and equipment to customers in the metals, mining, oil and gas, consumer durables, FMCG, cement, automotive, and pharmaceutical industries. The firm has established a manufacturing facility to create a variety of bitumen products as part of its entry into the energy industry. Additionally, INR 600 Cr was set aside for the purchase of a space company.India is where Moglix makes the most money. With 3% of the unicorn's revenue in FY25, the UAE came in second.

Cost of Sales: The startup spent the most money under this heading, mostly for other operating costs and procurement costs. The cost of sales increased 14.7% from $561 million to $644 million over the reviewed year. Employee Benefit Costs: In FY25, employee costs increased 5.8% from $25.8 million to $27.3 million. Advertising Expenses: Moglix's advertising expenses decreased by 12% to $2.9 million in the year under review from $3.3 million in FY24, perhaps in an effort to boost its bottom line.