India, March 25 -- Fintech unicorn BharatPe posted a consolidated net loss of INR 149 Cr and achieved breakeven on an adjusted EBITDA level in the first nine months of FY25 (9M FY25), ratings agency India Ratings and Research (Ind-Ra) said.

In January, BharatPe CEO Nalin Negi said that the company was eyeing EBITDA profitability in FY25 ahead of its planned initial public offering (IPO).

The fintech major had reported a net loss of INR 492 Cr and INR 927 Cr in FY24 and FY23, respectively.

At the same time, BharatPe's non-banking finance company (NBFC) arm Trillion Loans Fintech is demonstrating stability in terms of profitability. BharatPe acquired a 51% stake in Trillion Loans in 2023 and raised its shareholding to 62.3% as of January...