PhonePe's Financial Trajectory Shifts: Revenue Soars, Losses Shrink, Cash Flow Positive
PhonePe's Financial Trajectory Shifts: Revenue Soars, Losses Shrink, Cash Flow Positive
- •PhonePe's revenue from operations surged from Rs 2,914.28 crore in FY23 to Rs 7,114.85 crore in FY25, a 56.25% CAGR.
- •Revenue growth driven by increased monetisation across merchant payments, lending, and insurance distribution.
- •Restated losses significantly narrowed to Rs 1,727.41 crore in FY25, improving by Rs 1,068.65 crore from FY23.
- •Company achieved positive adjusted EBITDA and adjusted profit in FY24 and FY25, and profitability at adjusted EBIT level in FY25.
- •PhonePe reported free cash generation of Rs 190.47 crore in FY25 and Rs 250.16 crore in the six months ended September 30, 2024.
