BharatPe losses shrink in April-December, hits Ebitda breakeven

Fintech unicorn BharatPe has sharply reduced its losses to Rs 148.8 crore in the first nine months of the current financial year, according to a report by India Ratings and Research. The company had reported losses of Rs 491.9 crore in FY24 and Rs 926.9 crore in the year before.

Excluding costs related to employee stock options, BharatPe managed to break even at the Ebitda level during April-December.