7 months ago
PayU Payments Narrows Consolidated Loss in FY25
PayU Payments, a fintech company, shared its financial results for the year 2024-25.
The company's overall loss decreased to ₹248 crore compared to the previous year.
However, its standalone loss increased significantly to ₹3,567.8 crore.
The company's total revenue grew by about 23% to ₹5,562.98 crore.
PayU also reported a 16% increase in standalone revenue to ₹3,972 crore.
Additionally, the company's spending on employee benefits decreased by 6.4% to ₹667.62 crore.
These results were shared in a regulatory document by market intelligence firm Tofler.
PayU Payments reported a narrowed consolidated loss of ₹248 crore in FY25, down from ₹429.51 crore in FY24.
Consolidated revenue increased by 23% to ₹5,562.98 crore in FY25.
Standalone loss widened to ₹3,567.8 crore in FY25, up from ₹273 crore in FY24.
Standalone revenue grew by 16% to ₹3,972 crore in FY25.
Employee benefit expenses decreased by 6.4% to ₹667.62 crore in FY25.
- Who
- PayU Payments Private Ltd
- What
- Reported financial results for FY25
- Where
- India
- When
- Financial year 2024-25
- Why
- To provide transparency on financial performance
Key facts
- Consolidated Loss FY25
- ₹248 crore
- Consolidated Loss FY24
- ₹429.51 crore
- Consolidated Revenue FY25
- ₹5,562.98 crore
- Consolidated Revenue FY24
- ₹4,527.39 crore
- Standalone Loss FY25
- ₹3,567.8 crore
- Standalone Loss FY24
- ₹273 crore
- Standalone Revenue FY25
- ₹3,972 crore
- Employee Benefit Expenses FY25
- ₹667.62 crore
Quotes
Tofler
Market intelligence firm
“Payu Payments Private Ltd operates as an investment company, and reported its revenues for the financial year 2024-25 as Rs 3,972 crore, a 16 per cent jump since the last financial year. The company further reported a net loss of Rs 3,568 crore during the same fiscal year.”
freepressjournal.in
Sources
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