BharatPe’s net loss widens to Rs 941 crore in FY23

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BharatPe turned EBITDA — earnings before interest, tax, depreciation and amortisation — positive in October with an annualised revenue of Rs 1,500 crore, which represents a 31 per cent increase over the same period of the previous year on the back of higher growth in its lending and payments business, the company said last month.

BharatPe's net loss widens to Rs 941 crore in FY23

BharatPe reported revenues from operations at Rs 1,029 crore for FY23, up 2 times from FY22. Pic: Reuters



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