Indifi FY26 revenue up 3% to Rs 371 crore, swings to profit

Total expenses of the company declined 12% to Rs 376.8 crore during the fiscal from Rs 426.7 crore in FY25, aided by a sharp reduction in impairment costs.

Indifi FY26 revenue up 3% to Rs 371 crore, swings to profit 1 min read

MSME-focused digital lending platform Indifi Technologies recorded a 3% increase in revenue from operations to Rs 371.1 crore in the fiscal ended March 31, 2026, from Rs 360.4 crore in the previous fiscal.

Indifi's net profit stood at Rs 5.2 crore in FY26 against a net loss of Rs 45 crore in FY25, according to Entrackr's report based on the company's filings with the Registrar of Companies (RoC).

Total expenses of the company declined 12% to Rs 376.8 crore during the fiscal from Rs 426.7 crore in FY25, aided by a sharp reduction in impairment costs.

Employee benefit expenses dropped to Rs 79.9 crore in FY26 from Rs 85.4 crore in the previous financial year.

Founded in 2015, Indifi provides debt financing solutions to MSMEs across segments such as supply chain finance, startup lending, D2C businesses, and secured lending. The company says it has served more than 1.6 lakh MSMEs across 400 cities.

The startup had last raised $35 million in a funding round in 2023 led by Growth Catalyst Partners (GCP), with participation from existing investors including Omidyar Network India, ICICI Venture, Accel, and Elevar Equity.

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