PhonePe FY26 revenue rises 11.5% to ₹7,920 crore as losses widen
Walmart-backed PhonePe reported FY26 revenue growth of 11.47%, while consolidated net loss widened to ₹2,792 crore amid one-off charges. The payments platform expects delayed UPI incentive revenue in FY27 and may restart its IPO process later this year.
PhonePe’s FY26 revenue rose 11.47% to ₹7,920 crore, while consolidated losses widened to ₹2,792 crore amid one-off charges. The Indian payments platform expects delayed UPI incentives in FY27 and may resume IPO plans later this year.