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Data Story: PhonePe’s FY24 Financials

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Data Story: PhonePe’s FY24 Financials

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DBT Bureau

Bengaluru, 20 February 2025

Iron ore price trend in Odisha of fines & lumps

Coffee prices hold steady as Arabica and Robusta futures show mild fluctuations

Iron ore vessel position – Paradip port (as on 26 Oct 2025)

PhonePe in a release said the payment platform is readying to go public. In this perspective, it is vital to know its financials and future prospects in the Indian payment landscape.

Here is a snapshot:

1- PhonePe Financials in FY24

Financial Metric	FY23 (Rs Crore)	FY24 (Rs Crore)	YoY Change
Revenue	2,910	5,064	+74%
Adjusted PAT	(738)	197	Turned Profitable
Standalone Payment Business Profit	(194)	710	Turned Profitable

2- UPI transactions in India

(Souce: PhonePe Annual Report 2023-24)

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