Top 10 loss making companies in India 2025

As of mid-2025, several Indian companies, particularly in the telecom, startup, and industrial sectors, have continued to report significant losses. The most notable loss-making firms include established telecommunications player Vodafone Idea and a cohort of high-growth tech startups like Byju's and Swiggy. Based on multiple financial news reports covering the fiscal year (FY) 2024–2025, here are some of the top loss-making companies in India. Top loss-making companies (FY2025) Vodafone Idea: One of India's largest telecom providers, Vodafone Idea (Vi), reported the single largest loss, with a net loss of ₹27,383 crore in FY25. The company continues to struggle with intense market competition, high debt, and large regulatory dues. Byju's: The once high-flying ed-tech unicorn is in steep decline, with industry estimates placing its FY25 losses at well over ₹8,000 crore. The losses are linked to over-expansion, poor integration of acquisitions, and the post-pan...