PayU India reported $237 million in revenue from its payments business for the first half of FY25, marking a 12% increase year-over-year. The company experienced a 25% rise in total payments value, aided by the onboarding of over 4,000 merchants following the lifting of regulatory restrictions in April 2024. Despite challenges, adjusted EBIT margins improved to -5%, although shifts in payment mix have impacted take rates.
