{
Nalin Negi

People

}
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001122334455554433221100

BharatPe achieves EBITDA breakeven and reduces losses in fiscal year 2025

BharatPe has achieved adjusted EBITDA breakeven in the first nine months of FY25, significantly reducing its consolidated net loss to 149 crore rupee (US$17.37 million) from 492 crore rupee (US$57.37 million) in FY24. The company's turnaround is attributed to a 182% revenue growth in FY23, reaching 1,029 crore rupee (US$119.99 million), and positive contributions from its NBFC arm, Trillion Loans Fintech, which reported a profit of 29.7 crore rupee (US$3.46 million). This progress follows internal disputes and a leadership change, with interim CEO Nalin Negi at the helm.
Tech in Asia
United States Dollar Indian Rupee IND Nalin Negi Ashneer Grover
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08:10 26.03.2025
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