BharatPe FY24 results: 39% jump in revenue from operations, losses reduced by 50%

Digital payments app for merchants BharatPe on Wednesday announced results for its FY24 financial performance. The company said its consolidated revenue from operations grew by 39 per cent YoY (year-on-year) from Rs 1,029 crore to Rs 1,426 crore while consolidated loss before tax was reduced by 50 per cent YoY from Rs 941 crore to Rs 474 crore. Moreover, BharatPe’s consolidated cash burn declined by 85 per cent YoY.