PhonePe's consolidated net loss increased by 62%

Jul 25, 2026

04:10 pm

What's the storyPhonePe, India's largest digital payments platform, reported an 11% rise in consolidated revenue for FY26, reaching ₹7,920 crore from ₹7,115 crore in FY25.

The slower growth came after halted rent payments during the fiscal year and the government's ban on Real Money Games (RMG).