IPO-bound PhonePe reported an 11% rise in consolidated revenue to ₹7,920 crore in FY26 from ₹7,115 crore a year earlier. Its consolidated net loss widened 62% to ₹2,792 crore from ₹1,727 crore. Growth was hit by the suspension of rent payments, the real-money gaming ban, and the absence of UPI subsidies during the year.