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Tractor Junction's revenue surged by 2.3 times in FY24, reaching over Rs 60 crore, while reducing its losses by 51%. BharatPe also reported significant financial growth in FY24, with its revenue increasing by 39% from Rs 1,029 crore to Rs 1,426 crore. The fintech firm's consolidated loss before tax was reduced by 50%, from Rs 941 crore to Rs 474 crore. Additionally, BharatPe's EBITDA loss was cut by 75%. The company plans to focus on expanding its credit vertical, including new offerings in point of sales terminals, soundbox, and consumer payments.
BharatPe posts 39% rise in FY24 operating revenue, loss before taxes narrows 50% It will focus on growing its credit vertical, with new offerings across point of sales terminals, soundbox and the consumer payments vertical. Read more on: https://t.co/ExZ6ukDfc2
#EarningsWithMC | BharatPe FY24 revenue grows 39% to Rs 1,426 crore, Ebitda loss cut by 75%📊 More details here 👇 https://t.co/PSyWQEITW1 #BharatPe #Earnings #Q2Results
BharatPe revenue climbs to Rs 1,426 Cr in FY24, losses shrink 50%: Fintech firm BharatPe has demonstrated remarkable growth over the past three fiscal years, with revenue increasing from Rs 119 crore in FY21 to Rs 1,426 crore in… https://t.co/tn9eA6sAho #startupnews #startups