Alibaba Reports 7% Revenue Increase, 93% Rise in Income from Operations for March Quarter 2025

Alibaba Group Holding Ltd. announced its financial results for the quarter and fiscal year ended March 31, 2025. For the quarter, revenue was RMB236.454 billion (US$32.584 billion), marking a 7% increase year-over-year. Income from operations soared by 93% to RMB28.465 billion (US$3.923 billion), primarily due to increased adjusted EBITA and decreased non-cash share-based compensation expense. Adjusted EBITA rose by 36% to RMB32.616 billion (US$4.495 billion), driven by revenue growth and improved operating efficiency, although partially offset by higher investments in e-commerce and technology. For the fiscal year, Alibaba reported a revenue of RMB996.347 billion (US$137.3 billion), a 6% increase from the previous year. Income from operations increased by 24% to RMB140.905 billion (US$19.417 billion), mainly attributed to a decrease in impairment of intangible assets and goodwill, along with reduced non-cash share-based compensation expenses. Adjusted EBITA for the fiscal year increased by 5% to RMB173.065 billion (US$23.849 billion), supported by revenue growth and enhanced operating efficiency. In business highlights, the Cloud Intelligence Group's revenue grew by 11% to RMB118.028 billion (US$16.265 billion) for the fiscal year, fueled by the rising adoption of AI-related products. The Alibaba International Digital Commerce Group, however, reported an adjusted EBITA loss of RMB15.137 billion (US$2.086 billion) due to increased investments in AliExpress and Trendyol's cross-border operations. Meanwhile, Lazada reduced its operating losses significantly, reflecting improved monetization and operating efficiency.