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The company asserted that its strategic focus going forward is on sustained profitability, scaling lending, and launching new merchant-centric products.
BharatPe Indias leading name in fintech today announced its financial performance for the fiscal year 2023 showcasing substantial growth and strategic advancements across key business segments. The fintech firm recorded 182 increase in revenue from operations in FY23 from Rs 321 Cr in FY22 to Rs 904 Cr in FY23.
BharatPe Records 182 Percent Growth in Revenue in FY23, EBITDA Loss Reduced by Rs 158 Cr devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
BharatPe's net loss widens to Rs 941 crore in FY23 nagalandpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nagalandpost.com Daily Mail and Mail on Sunday newspapers.
BharatPe's net loss widens to Rs 941 crore in FY23 tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
Fintech major BharatPe’s net loss widened to Rs 941 crore during FY23, compared with Rs 834 crore in the previous fiscal. “We excluded the loss worth 4,782 crore in FY22 which it incurred due to change in fair value of compulsory convertible preference shares,” according to an Entrackr report, citing BharatPe’s annualised financial statement shared with shareholders. �� BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report.