PhonePe’s INR 7K Cr Run, Purple Style Labs’ IPO & More

PhonePe’s FY25 Scorecard

PhonePe is firing on all cylinders. In FY25, the fintech giant crossed the INR 7,000 Cr revenue milestone while also slashing its losses, showcasing a rare balance of strong growth and financial discipline. So, how did PhonePe fare in FY25?

A snapshot of key financial metrics for FY25: 

• Operating revenue zoomed 40.5% YoY to INR 7,114.8 Cr 
• Losses narrowed 13.5% YoY to INR 1,727.4 Cr 
• Total expenses rose 21.2% YoY to INR 9,394 Cr 
• EBITDA loss declined 54% YoY to INR 413.6 Cr while EBITDA margin improved to -6%…