<ul><li>Bengaluru-based fintech unicorn Razorpay reported a profit of INR 33.5 Cr in FY24, a 365% jump from the previous year.</li><li>The increase in profit is attributed to the rise in operating revenue, which grew by 9% to INR 2,475 Cr in FY24.</li><li>Razorpay earns most of its revenue from payment commission fees, generating INR 2,068.1 Cr from payment aggregation services in FY24, which accounted for 83% of its total operating revenue.</li><li>The startup's total expenditure in FY24 stood at INR 2,454.3 Cr, with hosting charges being the largest expense, followed by employee costs and legal professional charges.</li></ul>

Razorpay’s FY24 Profit Jumps 4.5X To INR 34 Cr

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