PhonePe FY26 revenue rises 11% to ₹7,920 crore; loss widens 62% ahead of IPO
PhonePe’s consolidated FY26 revenue grew 11% to ₹7,920 crore, while net loss widened 62% to ₹2,792 crore as it invested in Pincode, Share.Market, insurance and Indus Appstore. The UPI leader, with over 45% transaction share, expects to revive its deferred IPO later this year.
PhonePe’s FY26 revenue rose 11% to ₹7,920 crore while net loss widened 62% to ₹2,792 crore, driven by investments in Pincode, Share.Market, insurance and Indus Appstore. The UPI leader expects to revive its deferred IPO later this year.
Why this matters
The results follow PhonePe’s January 2026 move to file updated IPO papers and its 700M-user milestone, showing that the company is expanding beyond UPI while preparing for a delayed listing.
Retail-company is accelerating, up 1,108,100% QoQ.