BharatPe, one of India’s leading fintech companies, today announced a historic milestone in its growth journey by reporting its first-ever adjusted Profit Before Tax (PBT) in the financial year 2024–25 (FY25). The company posted an adjusted PBT of ₹6 crore (excluding ESOP expenses), marking a dramatic turnaround from a loss of ₹342 crore in FY24.
This achievement reflects BharatPe’s strategic focus on sustainable growth, operational efficiency, and innovation in delivering financial solutions to merchants and consumers across India. The fintech firm also reported robust total revenue of ₹1,734 crore for FY25, reinforcing its position as a key player in India’s rapidly expanding digital payments and lending ecosystem.
A Year of Transformation
FY25 has been a pivotal year for BharatPe. The company underwent a focused transformation strategy aimed at strengthening its core business, improving cost efficiency, and optimizing its revenue streams.
Nalin Negi, CEO of BharatPe, said:
“This is a landmark moment for BharatPe. Turning profitable at an adjusted PBT level is not just a financial achievement—it is a testament to the hard work, resilience, and customer-first mindset of our entire team. FY25 was all about disciplined execution, and our numbers speak for themselves. We remain committed to building a sustainable business that drives value for our merchants, partners, and stakeholders.”
Strong Financial Recovery
The jump from a ₹342 crore loss in FY24 to a ₹6 crore adjusted profit in FY25 highlights the company’s ability to pivot effectively and adapt to market challenges. This remarkable recovery was driven by:
- Revenue Growth: The company’s revenue reached ₹1,734 crore, supported by higher transaction volumes, lending business expansion, and deeper merchant engagement.
- Operational Efficiency: Strategic cost optimization measures, process automation, and better vendor management contributed significantly to improved margins.
- Product Diversification: BharatPe’s expanding suite of products in payments, credit, and merchant services attracted a larger and more diverse user base.
ocus on Merchant Empowerment
BharatPe has consistently been at the forefront of empowering small and medium-sized businesses (SMBs) with digital payment solutions and access to credit. The company continued to strengthen its merchant network in FY25, with millions of active merchants now using BharatPe’s QR code payment system, point-of-sale (POS) terminals, and business loans.
Ashneer Grover, Co-Founder of BharatPe, remarked:
“When we started BharatPe, our vision was clear—to empower India’s merchants with the tools they need to succeed in the digital economy. Today’s profitability milestone proves that we can achieve this mission while also building a financially strong enterprise. This is just the beginning.”
Innovation and Digital Lending Growth
A key driver of BharatPe’s growth in FY25 was its digital lending business. The company expanded its credit offerings, including merchant loans, BNPL (Buy Now, Pay Later) products, and working capital financing. By leveraging advanced data analytics and AI-driven risk assessment, BharatPe improved loan disbursal speed while maintaining healthy asset quality.
The fintech also introduced several product innovations in FY25:
- Enhanced QR Payment Solutions: Upgraded features for faster settlements and integration with UPI Lite.
- BharatPe POS Plus: A new generation POS terminal with advanced analytics for merchants.
- BharatPe Business Insights: A dashboard enabling merchants to track sales, cash flow, and loan repayment in real time.
Path Ahead: Sustainable Growth and Expansion
Looking ahead to FY26, BharatPe aims to sustain profitability while investing in product innovation, technology, and customer acquisition. The company plans to:
- Expand Lending Portfolio: Introduce more tailored credit products for different merchant segments.
- Enhance Technology Infrastructure: Leverage AI, machine learning, and blockchain to improve payment security and customer experience.
- Grow Merchant Network: Penetrate deeper into Tier-2, Tier-3, and rural markets to bring more businesses into the formal financial ecosystem.
- Explore Strategic Partnerships: Collaborate with financial institutions, NBFCs, and technology partners to strengthen offerings.
CEO Nalin Negi :
“Our journey is far from over. FY26 will be about scaling responsibly, innovating boldly, and keeping our focus on the merchants who are the backbone of India’s economy.”
BharatPe is one of India’s fastest-growing fintech companies established in 2018, committed to empowering millions of merchants and small businesses with simple, secure, and cost-effective digital financial solutions. The company offers a comprehensive suite of products, including interoperable QR payments, POS solutions, merchant loans, and other value-added services. BharatPe’s mission is to drive financial inclusion by enabling every merchant in India to accept digital payments and access credit with ease.
