New Delhi, Feb 24 (IANS) Financial disclosures filed by PhonePe indicate a marked improvement in revenue scale, profitability metrics, and cash generation over the last three fiscal years, signalling a shift in the company’s financial trajectory amid India’s evolving fintech landscape.According to the Draft Red Herring Prospectus (DRHP), PhonePe’s revenue from operations increased from ₹29,142.87 million in FY23 to ₹71,148.58 million in FY25, representing a compound annual growth rate …
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