IPO-bound PhonePe declares 11.5% yearly growth in revenue to ₹7,920 crore in FY26

IPO-bound fintech firm PhonePe reported consolidated revenue of ₹7,920 crore in FY26, marking an 11.47% year-on-year growth of ₹815 crore. However, its consolidated net loss widened to ₹2,792 crore from ₹1,727 crore in FY25, impacted by one-off items including an accelerated ESOP charge and a non-cash goodwill impairment. The company, which deferred its IPO plans earlier this year due to market volatility, is now expected to restart the public listing process later this year; Walmart continues to hold a 73.33% stake.