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Razorpay Logs 4.85X Increase In PAT, Revenue Up By 9%

  • Bengaluru-based fintech unicorn Razorpay reported a 9% year-on-year growth in operating revenue for the financial year ending March 2024.
  • The company's profit before tax (PAT) grew by 4.85X, reaching INR 34 Cr in FY24.
  • Razorpay's payment gateway services business saw a 24% increase in revenue, reaching INR 2,068 Cr in FY24.
  • The fintech startup introduced 40 new products and achieved an annualized total payment volume (TPV) of $180 Bn in FY24.

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