India, Sept. 11 -- Prosus-owned fintech major PayU India managed to cut its net loss by 42% to INR 248.1 Cr in FY25 from INR 429.5 Cr in the previous fiscal, on the back of strong business growth and tax credit.
The company's operating revenue surged 23% to INR 5,563 Cr during the year under review from INR 4,527.9 Cr in FY24.
Besides the growth in the top line, the bottom line was also helped by changes in tax outgo. PayU India received a tax credit of INR 1.6 Cr in FY25 as against a tax expense of INR 156.1 Cr in FY24.
Including other income of INR 33.5 Cr, the fintech's total income shot up 22% to INR 5,596.5 Cr in FY25 from INR 4,575.4 Cr in the previous year.
Where Did PayU India Earn From?
The company earned the biggest chunk o...
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