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BharatPe’s losses decline in April-Dec 2024 period, achieves EBITDA breakeven

  • BharatPe's net losses in Apr-Dec 2024 period decreased to around Rs 148.8 crore from nearly Rs 492 crore in the previous fiscal.
  • BharatPe achieved break-even at the EBITDA level during Apr-Dec 2024, adjusted for employee stock option costs.
  • The company aims to deepen its lending business and targets an initial public offering in the next two years.
  • BharatPe's improved financials were attributed to stronger growth in merchant payment processing fees and service fees for facilitating loans.

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