PhonePe posts ₹7,920 crore FY26 revenue; non-cash charges widen reported loss to ₹2,792 crore

PhonePe said its FY26 operating revenue reached ₹7,920 crore. The reported ₹2,792 crore loss included major ESOP and goodwill charges; excluding these, the adjusted loss was about ₹364 crore. The company has shut Pincode and temporarily paused its proposed ₹12,000 crore IPO.

— Filed Sun, 26 Jul, 2026, 16:02 IST · Source Entrackr · Newsletter · Updated

PhonePe reported FY26 operating revenue of Rs 7,920 crore and a Rs 2,792 crore net loss, largely driven by non-cash ESOP and goodwill charges. Its adjusted loss was about Rs 364 crore; it shut Pincode and paused its proposed Rs 12,000 crore IPO.

Why this matters

PhonePe’s FY26 update follows recent signals reporting revenue growth of 11–11.5% to ₹7,920 crore and a 62% wider loss ahead of its proposed IPO.

Retail-company signals are accelerating, up 1,120,500% quarter over quarter.

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