Tata biz’s first online gamble is clicking with another big loss cut

Nifty23, 140.5077.41. Motilal Oswal Midcap Fund Direct-Growth.

Key points

• Tata Cliq FY26 resultsTata Cliq net lossTata Cliq revenueTata UniStoreTata Cliq FashionTata Cliq LuxuryTata Cliq financial resultsTata Group digital commerce.
• While overall profitability "improved significantly", the Tata Group-owned firm stated its two businesses-Tata Cliq Fashion and Tata Cliq Luxury-grew 7% and 26%, respectively, during the year.
• (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.).
• The omnichannel marketplace has been incurring heavy losses-at ₹875 crore on revenue of ₹408 crore in FY23, according to the latest available data.
• Tata's e-commerce business begins to Cliq, losses shrink 19%; focus on improving contribution margin, monetisation.

Nifty23, 140.5077.41. Motilal Oswal Midcap Fund Direct-Growth. The Economic Times daily newspaper is available online now.

While revenue from operations rose 20% to Rs 354 crore, tata Cliq narrowed its net loss by 19% to Rs 253 crore in FY26, marking the third consecutive year of improvement. The firm attributed the progress to stronger expansion, improved contribution margins and monetisation. While Tata Cliq Luxury recorded 26% expansion during the year, tata Cliq Fashion grew 7%. Listen to this article in summarized format. Unlock AI Briefing and Premium Content. New Year Offer 24 Hours Left. Subscribe Now Already a member? Sign In.

E-commerce platform Tata Cliq narrowed its net loss for the third straight year in FY26, achieving a 19% reduction, supported by 20% revenue expansion and sharper focus on improving contribution margin and monetisation. Tata Cliq's operating firm Tata UniStore Ltd noted a net loss of ₹253 crore in FY26, compared with ₹314 crore a year earlier, indicated Registrar of Businesses' (RoC) filing. Revenue from operations rose to ₹354 crore. While overall profitability "improved significantly", the Tata Group-owned firm stated its two businesses-Tata Cliq Fashion and Tata Cliq Luxury-grew 7% and 26%, respectively, during the year.

"With aggressive growth targets for future years, the company plans to continue to improve its contribution margins and further strengthen its position as a leading omnichannel multi-brand e-retail player in India, " remarked Tata Cliq in a board report filed with the RoC and accessed from business intelligence platform Tofler. Contribution margin refers to the portion of sales revenue left after deducting variable costs. Tata Cliq declined to comment. Live Events.

For context, the firm was the Tata Group's first organic entry into mainstream e-commerce, ahead of the conglomerate's expansion into digital commerce presence through acquisitions such as BigBasket and 1mg and the launch of superapp Tata Neu. The omnichannel marketplace has been incurring heavy losses-at ₹875 crore on revenue of ₹408 crore in FY23, according to the latest available data. The FY26 financials indicated Tata UniStore's finance cost fell 80% to ₹9.6 crore from ₹48 crore, helping drive the reduction in pre-tax losses. Accumulated losses stood at almost ₹3, 931 crore at the end of FY26. Tata UniStore is the second consumer-facing new business of the Tatas to improve profitability, after Infiniti Retail. It owns and operates the Croma chain of stores and the Croma online platform. Infiniti Retail swung to an operating profit of ₹159 crore in FY26 from an operating loss of ₹235 crore. It sharply narrowed its net loss to ₹614 crore in FY26 from ₹1, 091 crore a year earlier. Add Now!

In short, tata biz's first online gamble is clicking with another big loss cut is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.