IPO-Bound PhonePe’s Loss Widens 20% YoY To INR 1,444 Cr In H1 FY26

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SUMMARY

PhonePe’s operating revenue jumped 22.2% to INR 3,918.5 Cr in H1 FY26 from INR 3,207.5 Cr a year ago

Its total expenditure increased 29.7% to INR 6,069.2 Cr in H1 FY26 from INR 4,680 Cr in the year-ago period

The fintech startup filed an updated draft red herring prospectus (UDRHP) with SEBI for its IPO, which will comprise only an offer for sale (OFS)

IPO-bound fintech major PhonePe’s net loss zoomed over 20% to INR 1,444.4 Cr in H1 FY26 from INR 1,203.2 Cr in the same period of the prior year, as margins…



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IPO-Bound PhonePe’s Loss Widens 20% YoY To INR 1,444 Cr In H1 FY26


SUMMARY

PhonePe’s operating revenue jumped 22.2% to INR 3,918.5 Cr in H1 FY26 from INR 3,207.5 Cr a year ago

Its total expenditure increased 29.7% to INR 6,069.2 Cr in H1 FY26 from INR 4,680 Cr in the year-ago period

The fintech startup filed an updated draft red herring prospectus (UDRHP) with SEBI for its IPO, which will comprise only an offer for sale (OFS)

IPO-bound fintech major PhonePe’s net loss zoomed over 20% to INR 1,444.4 Cr in H1 FY26 from INR 1,203.2 Cr in the same period of the prior year, as margins…



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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