- BharatPe’s revenue for FY22 increased 169%.
- The company reported a loss of Rs 5,594 crore.
- The expansion of losses is due to the change in the fair value of its compulsory convertible preference shares, worth Rs 4,782 crore.
BharatPe’s revenue increases 169% in FY22; losses widen to Rs 5,594 crore
- BharatPe’s revenue for FY22 increased 169%.
- The company reported a loss of Rs 5,594 crore.
- The expansion of losses is due to the change in the fair value of its compulsory convertible preference shares, worth Rs 4,782 crore.
[Via]
