Navi posts 17.7% revenue growth in FY25, slips into loss

10 Mar 2026, 12:04 PM

The financial services company posted losses of Rs 126 crore in the financial year ended March 31, 2025.

Team Head&Tale

Navi has reported Rs 2,565 crore in operating revenue in FY25, marking a 17.7% increase from Rs 2,180 crore in the previous fiscal.

The financial services company posted losses of Rs 126 crore in the financial year ended March 31, 2025, as compared to a profit of Rs 358.5 crore in FY24, the Entrackr reported based on filings with the Registrar of Companies (RoC).


Its total expenses rose 9.6% to Rs 2,730 crore in FY25 from Rs 2491 crore in FY24. Employee benefit expenses grew 17% to Rs 546 crore in the financial year ended 2025.

Navi was founded in 2018 by Sachin Bansal, founder and former CEO of Flipkart, and Ankit Agarwal. The fintech firm provides digital loans, home loans, mutual funds, health insurance, digital gold and UPI.

Last year, Bansal announced plans to move into the role of executive chairman of the Navi Group, which includes Navi Finserv and Navi Technologies. He had served as CEO of both companies since founding them in 2016. As part of the leadership reshuffle, Abhishek Dwivedi was appointed CEO of Navi Finserv, while Rajiv Naresh took over as CEO of Navi Technologies.

Last year, The Economic Times citing Bansal had also said that the company was planning an initial public offering (IPO) by the end of March 2026. This is not the first time the company is eyeing an IPO. In 2022, the company had even secured the approval from the Securities and Exchange Board of India (SEBI) for the IPO but the plan was shelved.

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