Lendingkart Finance FY26 revenue from operations falls 62% to Rs 327 crore
01 Jun 2026, 12:55 PMThe Mumbai-based non-banking financial company's net loss widened to Rs 333.27 crore in FY26 from Rs 288.34 crore in the previous year.
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MSME lending firm Lendingkart Finance Ltd's revenue from operations dropped 62% to Rs 327.3 crore in the financial year ended March 31, 2026, compared to Rs 866.94 crore in FY25, filings with the stock exchanges show.
Interest income fell 42% to Rs 226.99 crore during the fiscal from Rs 392.88 crore in FY25.
The Mumbai-based non-banking financial company's net loss widened to Rs 333.27 crore in FY26 from Rs 288.34 crore in the previous year.
Total expenses for the year fell 39% to Rs 773.10 crore from Rs 1,268.26 crore in FY25. Impairment charges on financial instruments nearly halved to Rs 290.08 crore from Rs 523.46 crore in FY25, signalling some recovery in asset quality.
Employee benefit expenses also dropped 30% to Rs 115.95 crore from Rs 164.72 crore in FY25.
On a quarterly basis, Lendingkart's revenue from operations fell 70% year-on-year to Rs 45.88 crore in Q4 FY26 from Rs 154.07 crore in Q4 FY25.
Net loss for the quarter came in at Rs 121.93 crore, narrowing slightly from Rs 129.52 crore in Q4 FY25.
Total expenses for the quarter stood at Rs 207.63 crore, down 37% from Rs 326.75 crore in Q4 FY25.
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