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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BharatPe turns profitable, reports adjusted profit before tax of Rs 6 crore



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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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