Roadzen Inc. reported a 24.2% year-over-year revenue increase for the fiscal year ended March 31, 2026, reaching $55.02 million. The company's Insurance as a Service (IaaS) platform saw a 39.2% revenue increase, while its Brokerage Solutions revenue grew by 10.9%. Cost of services increased by 13.0%, largely due to the consolidation of its Chinese VIE and an acquisition in India. Research and development expenses decreased significantly by 89.2% due to lower stock-based compensation and increased capitalization of development costs. General and administrative expenses decreased by 69.0%, primarily driven by a reduction in stock-based compensation. The company reported a net loss attributable to ordinary shareholders of $22.5 million for the fiscal year, an improvement from the $72.9 million loss in the prior year. Adjusted EBITDA showed an improvement, narrowing the loss to $3.5 million from $8.4 million in the prior year. The company's liquidity remains a concern, with a negative cash flow from operations of $20.3 million for the year, and it continues to seek additional capital.