Fintech main PhonePe has reported a narrowing of its consolidated losses to ₹1,727.4 crore in FY25, down from ₹1,996.1 crore within the previous fiscal.
The firm’s revenue from operations rose 40.5% from ₹5,064 crore in FY24 to ₹7,115 crore in FY25, in accordance to knowledge accessed from Tofler.
PhonePe, which plans to file its Draft Red Herring Prospectus (DRHP) later this 12 months, posted a tri-fold progress in its adjusted Profit After Tax (PAT) to ₹630 crore in FY25, from ₹197 crore within the earlier fiscal 12 months.
The Walmart group agency turned free money move constructive within the monetary 12 months ending March 31, 2025, with internet money move from operations amounting to ₹1,202 crore.
PhonePe’s complete bills grew 21% year-on-year to ₹9,394 crore in FY25.