Tech

Loss Narrows 13.5% To INR 1,727 Cr, Revenue Crosses INR 7,000 Cr Mark

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SUMMARY

PhonePe’s revenue crossed the INR 7,000 Cr mark in FY25, as its operating revenue zoomed 40.5% to INR 7,114.8 Cr from INR 5,064.1 Cr in the previous year

The Walmart-owned company managed to narrow its net loss by 13.5% to INR 1,727.4 Cr in FY25 from INR 1,996.1 Cr in FY24

Total expenditure increased 21.2% to INR 9,394 Cr from INR 7,754.2 Cr in FY24

IPO-bound fintech major PhonePe’s revenue crossed the INR 7,000 Cr mark in FY25, as its operating revenue zoomed 40.5%…

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