India, Sept. 23 -- 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% from -18% in FY24.
PhonePe's New Growth Engines: While its core payments business remained the bedrock, contributing over INR 6,200 Cr to its top line in FY25, the real story lies in Pho...
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