BharatPe turns profitable in FY25, reports ₹6 crore profit before tax

BharatPe, a full-stack financial technology company, has reported an adjusted profit before tax of ₹6 crore for the financial year 2024–25, excluding employee stock ownership plan (ESOP) expenses. This marks a turnaround from an adjusted loss of ₹342 crore in the previous financial year.The company’s total revenue for the year stood at ₹1,734 crore, supported by growth across its key business segments. Operating profit (earnings before interest, taxes, depreciation, and amortisation) excluding ESOP expenses, also swung to a profit of ₹141 crore in financial year 2024–25, compared to a loss of ₹209 crore in 2023–24.

Offline transactions using BharatPe’s quick response (QR) code for the Unified Payments Interface (UPI) grew 26 percent year-on-year. The company’s revenue from operations has increased at a compounded annual growth rate of 54 percent, from ₹457 crore in financial year 2021–22 to ₹1,667 crore in 2024–25.

In the same period, the adjusted profit before tax (excluding ESOP costs) improved from a loss of ₹765 crore to a profit of ₹6 crore.BharatPe also increased its stake in its non-banking financial company, Trillionloans, to 74% during the year. Trillionloans has expanded its lending business rapidly and holds a credit rating of ‘IND BBB+’ with a stable outlook, assigned by India Ratings and Research.

The company received final authorisation from the Reserve Bank of India in April 2025 to operate as an online payment aggregator.

The company is also growing two of its newer business verticals—its third-party UPI app, the BharatPe App, and an investment platform, Invest BharatPe.

In addition to its core offerings, BharatPe continues to serve as the technology service provider for Unity Small Finance Bank.