PhonePe FY26 Loss Narrows to ₹364 Crore After Adjusting Non-Cash Expenses
Why Doesn’t PhonePe’s ₹2,792 Crore FY26 Loss Tell the Full Story? Walmart-backed fintech PhonePe reported a net loss of ₹2,792 crore for FY26, but the headline figure masks a much stronger underlying operating performance. A closer examination of the company’s financial statements shows that a significant portion of the reported loss stemmed from non-cash accounting […]