India, March 26 -- BharatPe Enters The Breakeven Zone

Having shifted its focus from the boardroom drama blotting its image, BharatPe is finally on track to profitability. As per rating agency Ind-Ra, the fintech unicorn broke even on an adjusted EBITDA level in the first nine months of FY25.

The Numbers Game: It noted that BharatPe reported a consolidated net loss of INR 149 Cr in the first three-quarters of FY25. In contrast, the fintech incurred losses of INR 492 Cr and INR 927 Cr in FY24 and FY23, respectively.

Lending Saves The Day: The unicorn's NBFC arm, Trillion Loans Fintech, clocked a profit of INR 29.7 Cr during the period. While assigning a 'BBB+' rating with a stable outlook, the rating agency said that the NBFC has seen it...