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India Business · thehindu.com · Monday, 27 July 2026

PhonePe’s FY26 revenue hits ₹7,920 cr, up 11.5%, while losses swell to ₹2,792 cr

PhonePe reported FY26 consolidated revenue of ₹7,920 crore, an 11.5% year‑on‑year rise, but its total net loss ballooned to ₹2,792 crore, up from ₹1,727 crore. The growth shows the fintech’s top‑line resilience, yet widening losses raise questions on profitability as it eyes an IPO.

Read the source: thehindu.com ↗In the 27 July issue →