Connect with us

EnterpriseTech

Cashfree’s FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

Published

on

[ad_1]

SUMMARY

Fintech soonicorn Cashfree Payments’ net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight increase in expenses

In FY25 , the fintech startup’s operating revenue stood at INR 640 Cr, marginally down from INR 642.7 Cr in the previous fiscal

Notably, Cashfree’s EBITDA loss widened to INR 131 Cr in FY25, compared to a loss of INR 109.5 Cr in FY24, pushing its EBITDA margin further into the negative at -20% from -17% a year ago

Source link

Continue Reading