
PhonePe's FY26 revenue grows to ₹7,920 crore
The company recently announced that it has crossed 700 million lifetime registered users and 50 million lifetime registered merchants spread across Tier 2, 3, 4 cities and beyond.
- ▪The company recently announced that it has crossed 700 million lifetime registered users and 50 million lifetime registered merchants spread across Tier 2, 3, 4 cities and beyond.
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| Original publisher | The Hindu |
| Canonical URL | https://www.thehindu.com/business/markets/phonepes-fy26-revenue-grows-to-7920-crore/article71267188.ece |
| Publication time | Sat, 25 Jul 2026 21:43:02 +0530 |
| Retrieval time | 2026-07-25T16:22:18.400Z |
| Last seen | 2026-07-25T16:22:18.400Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | PqLp6FENxk4X |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Demonstrating strong top-line momentum, PhonePe's consolidated revenue from operations rose to ₹7,920 crore in FY26, according to regulatory filings with the Registrar of Companies (RoC).This represents a top-line expansion of Rs 815 crore, marking an 11.47% increase compared to the previous fiscal year.As the government is yet to release the UPI Digital Incentive (DI) funds for FY26 to the industry, the revenue associated with DI has not been recognized in FY26.This portion of the FY26-related DI revenue is expected to accrue in PhonePe's FY27 financials.On a normalised operational basis, PhonePe's net loss for FY26 stood at ₹1,377 crore, while the total consolidated net loss was reported at ₹2,792 crore (vs.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.