PayU India revenue rises 12% to Rs 4,300 crore in FY25

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PayU has posted a 12% increase in India revenue to $498 million (about Rs 4,300 crore) in fiscal 2025, according to Prosus, the Dutch-listed arm of South African technology investor Naspers.

PayU is the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fintech-subsidiary-of-prosus” target=”_blank”>fintech subsidiary of Prosus.

It also said India payments business reached breakeven during H2 FY25 and improved its Ebit margin by 1 percentage point to -2% for FY25.

Total payment volume (TPV) increased by 14% driven by strong growth in financial services, government segments, airlines and food delivery, Prosus said in its annual report.

India Payments…



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PayU India revenue rises 12% to Rs 4,300 crore in FY25


PayU has posted a 12% increase in India revenue to $498 million (about Rs 4,300 crore) in fiscal 2025, according to Prosus, the Dutch-listed arm of South African technology investor Naspers.

PayU is the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fintech-subsidiary-of-prosus” target=”_blank”>fintech subsidiary of Prosus.

It also said India payments business reached breakeven during H2 FY25 and improved its Ebit margin by 1 percentage point to -2% for FY25.

Total payment volume (TPV) increased by 14% driven by strong growth in financial services, government segments, airlines and food delivery, Prosus said in its annual report.

India Payments…



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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