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BharatPe Trims Loss to ₹149 Cr

Financial Express Lucknow

|

March 26, 2025

FINTECH UNICORN BHARTPE has sharply reduced its losses to ₹148.8 crore in the first nine months of the current fiscal, according to a report by India Ratings and Research.

- FE BUREAU

The company had reported losses of ₹491.9 crore in FY24 and ₹926.9 crore in the year before.

Excluding costs related to employee stock options, BharatPe managed to break even at the EBITDA level during April-December. The firm primarily earns from payment processing fees from merchants using their QR code for UPI payments, and from service fees for facilitating loans.

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