The previous fiscal year saw a turnaround for fintech unicorn BharatPe, which saw consistent scale growth and EBITDA profitability. Additionally, the business was able to drastically reduce its losses, which decreased by more than 80% in FY25.
Key Highlights
- BharatPe achieves ₹6 crore adjusted pre-tax profit in FY25, marking significant turnaround.
- Operating revenue grows 17% to ₹1,667 crore, with EBITDA profit of ₹141 crore.
The operational revenue of BharatPe increased from Rs 1,426 crore in FY24 to Rs 1,667 crore in FY25, a 16.9% increase. At 77.6% of operating revenue, service fee income—which comprises processing fees, commissions on loan transactions, and rental income from the sale of loudspeakers and machines—continues to be BharatPe's biggest source of income. In FY25, this stream increased 15.8% year over year to Rs 1,456 crore.
The NBFC business's revenue increased from Rs 165 crore in FY24 to Rs 211 crore in FY25. The company's total revenue for the year was Rs 1,734 crore, including Rs 67 crore in non-operating income.
In FY25, transaction processing costs for BharatPe made up 20.8% of the total cost base, or Rs 391 crore. The amount of employee benefits, which includes Rs 148.5 crore in share-based payments (ESOP), stayed constant at Rs 360 crore. During the year, its advertising expenditures dropped by 84% to Rs 26 crore. Other overheads, such as IT costs, merchant onboarding, and outsourced services, increased the company's overall spending to Rs 1,876 crore in the fiscal year that ended in March 2025.
Also Read: BharatPe Sees First Secondary Deal Since 2021 at $2.85B Valuation
An efficient cost mechanism and a respectable increase in scale enabled BharatPe to cut its losses from Rs 492 crore in FY24 to Rs 88 crore in FY25, an 82.1% decrease. In FY25, BharatPe reported a noteworthy positive EBITDA of Rs 47 crore. After deducting ESOP-related costs, the company's adjusted EBITDA for the year would be Rs 195.5 crore.
