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BharatPe turns profitable, reports adjusted profit before tax of Rs 6 crore
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Fintech major BharatPe reported on Thursday that it has achieved an adjusted profit before tax (PBT, excluding ESOP expense) of Rs 6 crore, reversing a loss of Rs 342 crore in FY24, a swing of 102%.
Ebitda (excluding ESOP expense) improved to a profit of Rs 141 crore, compared to a loss of Rs 209 crore in the previous year. Total revenue in FY25 reached Rs 1,734 crore.
Offline Unified Payments Interface (UPI) QR transactions grew by 26% year-on-year. BharatPe also increased its ownership in its lending subsidiary, Trillionloans, to 74%. “Becoming…
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