Markets & IPO

Y Combinator-Backed Orange Health Posts ₹138.6 Crore Revenue in FY26 as Net Loss Widens to ₹146 Crore

Sabyasachi Chandra

Orange Health's revenue from operations rose 65% to \u20b9138.6 crore in FY26, with total income of \u20b9143 crore, per its RoC filings.

Net loss widened to \u20b9146 crore, including a \u20b949 crore deferred tax expense; loss before tax was \u20b997 crore and the EBITDA loss was \u20b992.4 crore.

The company spent \u20b91.73 to earn each rupee of operating revenue, and claims 20% EBITDA profitability in Bengaluru even as the group posted an EBITDA loss.

It is raising a $30 million Series C led by Iron Pillar, and competes with far larger, profitable incumbents such as Thyrocare, which posted \u20b9829 crore revenue and \u20b9163 crore profit in FY26.

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