Money Minus Noise

UPI & payments

A finfluencer who mixed up PhonePe's revenue and profit

Sadly that's how #Finfluencers make a fool of 'educated' folks on LinkedIn!

In Fy 2020, the net loss of PhonePe was Rs 1770 cr, on revenue of Rs 427 cr!
In Fy 2026, the net loss is Rs 2792 cr, on revenue of Rs 7920 cr!

The influencer completely messed up with basic concepts like Revenue, Expenses, Profit and Loss!

But #WhoCares!

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