Archive · 22 Sep 2025
PhonePe Revenue Jumps, Losses Narrow Amidst IPO Preparations
PhonePe, a digital payments company, saw its revenue increase by 40% in the financial year ending March 2025, exceeding ₹7,000 crore.
Despite rising expenses, the company managed to narrow its losses compared to the previous year.
Revenue from payment services significantly contributed to this growth.
PhonePe has expanded its services, including lending and insurance, and is planning an initial public offering (IPO).
The company has also received approval to operate as a payment aggregator, enabling broader payment services.
PhonePe's revenue from operations rose 40% to ₹7,114.9 crore in FY25.
Revenue from payment services increased to ₹6,299.7 crore in FY25.
Lending and insurance business revenue nearly tripled.
Net loss narrowed to ₹1,735.6 crore in FY25.
PhonePe received RBI authorization to operate as a payment aggregator.
- Who
- PhonePe
- What
- Reported a 40% rise in revenue and reduced losses in FY25.
- When
- FY25
- Where
- India
- Why
- Preparing for an IPO.
- FY25 Revenue
- ₹7,114.9 crore
- FY24 Revenue
- ₹5,067 crore
- FY25 Loss After Tax
- ₹1,735.6 crore
- FY24 Loss After Tax
- ₹1,996 crore
- UPI Market Share (August)
- 46%
- Payment Services Revenue FY25
- ₹6,299.7 crore
- Lending and Insurance Revenue FY25
- ₹557.6 crore
- Expenses FY25
- ₹9,394 crore
Sources
PhonePe FY25: Loss Narrows 13.5% To INR 1,727 Cr, Revenue Crosses INR 7,000 Cr Mark
Walmart-backed PhonePe's losses shrink ahead of anticipated listing
PhonePe revenue grows 40% to ₹7,115 cr in FY25
PhonePe revenue grows 40% to ₹7,115 cr in FY25
PhonePe cuts losses as revenue tops ₹7,000 crore in FY25