PhonePe Reports Revenue Growth and Improved Profitability from FY23 to FY25

PhonePe's financial disclosures from FY23 to FY25 show a significant revenue increase at a 56.25% CAGR, driven by growth in merchant payments and lending and insurance distribution segments. The company reduced its losses substantially, improving its loss margin from 90.68% to 22.64%. Operational profitability improved with positive adjusted EBITDA and EBIT in FY24 and FY25. Additionally, PhonePe generated free cash flow, reflecting enhanced monetisation and cost efficiency amid its strategic diversification beyond core payments.