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flag PhonePe's revenue surged 56% from FY23 to FY25, losses shrank, and it turned profitable with positive cash flow and EBITDA.

flag PhonePe has shown strong financial improvement from FY23 to FY25, with revenue rising 56.25% annually to ₹71.15 billion, driven by growth in merchant payments, lending, and insurance. flag Losses narrowed significantly, with net loss dropping to ₹17.27 billion and loss margin improving to -22.64%. flag The company achieved positive adjusted EBITDA and profit in FY24 and FY25, generated free cash flow of ₹1.9 billion in FY25, and strengthened operations through technology investments and cost controls.

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