Spotify India Hits Profitability in FY25 as Subscriptions Soar, Marketing Costs Drop

• Spotify India LLP achieved profitability in FY25, reporting a net profit of Rs 74.62 crore, a significant turnaround from previous losses.
• Revenue from operations surged by 59.8% to Rs 513.77 crore, driven by strong growth in both subscription and advertising revenues.
• Subscription income, the largest revenue contributor, grew 88.8% to Rs 316.83 crore, reflecting improved monetization of paid users.
• Advertising revenue also saw healthy growth, rising 38% to Rs 186.73 crore, indicating stronger advertiser demand.
• A major factor in profitability was a 37.1% reduction in advertising and marketing expenditure, falling to Rs 243.23 crore.

Why It Matters: Spotify India turned profitable in FY25 due to surging subscriptions, robust ad revenue, and reduced marketing spend.