{"id":868692,"date":"2024-10-22T07:38:25","date_gmt":"2024-10-22T02:08:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=868692"},"modified":"2024-10-22T07:41:55","modified_gmt":"2024-10-22T02:11:55","slug":"phonepe-brings-down-losses-to-rs-1996-crore-in-fy24-revenues-up-85","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/22\/phonepe-brings-down-losses-to-rs-1996-crore-in-fy24-revenues-up-85\/","title":{"rendered":"PhonePe brings down losses to Rs 1,996 crore in FY24, revenues up 85%"},"content":{"rendered":"<p>Fintech major PhonePe trimmed its losses to Rs 1,996 crore in financial year 2024 (FY24), a substantial decrease from a loss of Rs 2,792 crore it posted in FY23. The Bengaluru-based company saw its revenue from operations grow 1.7 times on a year-on-year (YoY) basis. <\/p>\n<p>In FY24, the company earned Rs 5,725 crore in revenue from operations, up 85.5 per cent from Rs 3,085 crore it earned in FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fintech major PhonePe trimmed its losses to Rs 1,996 crore in financial year 2024 (FY24), a substantial decrease from a loss of Rs 2,792 crore it posted in FY23. The Bengaluru-based company saw its revenue from operations grow 1.7 times on a year-on-year (YoY) basis. In FY24, the company earned Rs 5,725 crore in revenue from operations, up 85.5 per cent from Rs 3,085 crore it earned in FY23.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-868692","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=868692"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868692\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=868692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=868692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=868692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}