BharatPe achieves profitability in Financial Year 25, yet experiences a slowdown in revenue growth
In a significant milestone, Indian fintech company BharatPe has reported an adjusted pre-tax profit of Rs 6 crore in the financial year ended March 2025, marking a remarkable turnaround from a pre-tax loss of Rs 342 crore in the previous year. This improvement is coupled with a strong EBITDA performance, recording a profit of Rs 141 crore in FY25, compared to a loss in the previous year.
The company's revenue grew by 17% in FY25 to Rs 1,667 crore, albeit at a slower pace compared to the previous year's 38% growth. However, this growth is still indicative of broad growth across BharatPe's business verticals.
Growth in Key Verticals
BharatPe's core payments vertical, particularly UPI transaction aggregation (TPAP), has shown significant growth, with UPI offline transactions growing by 26% year-on-year. The company is also focusing on building scalable, revenue-generating businesses, with disciplined cost control and operational discipline enabling this turnaround.
BharatPe has expanded in lending by increasing its ownership in its lending arm, Trillionloans, to 74%. While specific current figures for its investment vertical, Invest BharatPe, are unavailable, the company's CEO has highlighted entering new verticals with a profitability foundation, implying Invest BharatPe is part of this strategic growth push.
Settlement with Ashneer Grover
Ashneer Grover, a co-founder of BharatPe, has severed all ties with the company as part of a settlement agreement. The agreement does not provide specific details about the terms, nor does it involve any financial compensation from BharatPe to Ashneer Grover or vice versa. The settlement does not affect the ongoing operations of BharatPe or its ownership structure.
Regulatory Approval and Future Growth
BharatPe received final authorization from the Reserve Bank of India to operate as an online payment aggregator in April 2025. This authorization has likely contributed to the company's ramping up of its payment solutions across a wider merchant base, deepening its presence in smaller cities and towns, and investing in building advanced technology infrastructure.
With profitability as its foundation, BharatPe is well-positioned to accelerate growth, enter new verticals, and solidify its position as a full-stack fintech leader.
[1] BharatPe records adjusted pre-tax profit of Rs 6 crore in FY25 [2] Ashneer Grover severs ties with BharatPe as part of settlement agreement [3] Settlement agreement does not provide specific terms [4] BharatPe records EBITDA profit of Rs 141 crore in FY25 [5] BharatPe scales up UPI TPAP and investment app Invest BharatPe, expands lending via Trillionloans
- Building on its strong financial performance and regulatory approval, BharatPe is strategically investing in scalable, revenue-generating businesses, particularly in UPI TPAP, its investment app Invest BharatPe, and lending via Trillionloans, demonstrating a commitment to growth across various technology-driven verticals in the investing and business arena.
- The Indian fintech company BharatPe, with its profitability as a foundation, is poised for accelerated growth, aiming to solidify its position as a full-stack fintech leader and enter new verticals, leveraging advanced technology infrastructure to deepen its presence in both urban and rural markets while maintaining a disciplined approach to cost control and operational efficiency.
