BharatPe reports adjusted profit before tax of Rs 6 crore in FY25

08 Aug 2025, 07:10 PM

Its operating revenue increased around 17% to Rs 1,667 crore in FY25 from Rs 1,426 crore in FY24.

Team Head&Tale

BharatPe said it has achieved its first ever adjusted profit before tax (PBT) as the fintech unicorn prepares to go public.

The Delhi-based company registered Rs 6 crore in adjusted PBT (excluding ESOP expense) in fiscal 2024-2025 as compared to a net loss of Rs 342 crore in the previous financial year, it said in a statement.

“Becoming PBT positive marks more than just a financial milestone, it signals a successful turnaround," said Nalin Negi, CEO of BharatPe.

Its operating revenue increased around 17% to Rs 1,667 crore in FY25 from Rs 1,426 crore in FY24. Total revenue rose to Rs 1,734 crore in FY25, reflecting strong topline growth across business verticals.

The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed to Rs 141 crore in FY25 as compared to an EBITDA loss of Rs 209 crore in FY24. EBITDA excludes ESOP expenses.

Earlier in June, The Head and Tale had reported that performance pressure is mounting at BharatPe, triggering leadership shakeups and engineering changes ahead of its initial public offering (IPO).

In April, BharatPe received the final authorization from Reserve Bank of India (RBI) to operate as an Online Payment Aggregator.

It has also increased its stake in its lending arm Trillionloans to 74%.

Notably, fintech companies looking to go public have been focusing on their bottom line.

Last month, Pine Labs filed its draft papers for its IPO and reported a profit of Rs 26.14 crore in the nine months ended December 31, 2024 as compared to a loss of Rs 151.63 crore in the same period previous year.

Groww, which has also filed draft papers for its IPO, clocked a net profit of Rs 1,819 crore in FY25 as compared to a net loss of Rs 798.76 crore in FY24.

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