Spotify India flips to profit with ₹75cr gain in FY25

Business Dec 19, 2025

Spotify India just posted a net profit of ₹75 crore for FY25, bouncing back from last year's ₹143 crore loss.
The big win came from a sharp boost in both subscriptions (up 89%) and ad revenue (up 38.5%), pushing total revenue up by 50%.

What's driving the numbers?

Operational revenue jumped to ₹514 crore, and total revenue hit ₹527 crore—both major leaps from last year.
Spotify also tightened its belt, cutting marketing costs by over a third, which helped bring overall spending down even as staff and other expenses grew.

Still some hurdles ahead

Even with this turnaround, Spotify India has negative reserves of ₹1,221 crore due to past losses.
So while things look up now, there's still work ahead if they want to keep the good times rolling.