Adarsh Nahata

PhonePe Reports Rs 197 Crore Profit In FY24, Revenue Surges 74%

The PhonePe Group reported an adjusted profit after tax of Rs 197 crore for the financial year 2023-24, marking a sharp recovery from a loss of Rs 738 crore in the previous fiscal year. The company’s revenue also saw impressive growth, jumping 74% to Rs 5,064 crore in FY24, compared...