NeoGrowth FY26 revenue falls 21% to Rs 591 crore; swings to net loss
NeoGrowth’s total expenses fell 6.8% to Rs 687.69 crore in FY26 from Rs 738.19 crore in FY25.
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NeoGrowth’s total expenses fell 6.8% to Rs 687.69 crore in FY26 from Rs 738.19 crore in FY25.
The company, however, added that it remained adjusted EBITDA positive at Rs 33 crore, excluding non-cash ESOP costs.
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.
Niyo’s total operating expenses grew 20% to Rs 201 crore in FY26, compared with Rs 168 crore in the previous fiscal.
NPCI’s surplus (profit) declined 32% to Rs 991 crore in FY26 from Rs 1,461 crore in the previous fiscal.
Innoviti's net loss narrowed by 57% to Rs 26.7 crore in FY26 from Rs 62.1 crore in the previous fiscal.
Zerodha's margin trading funding (MTF) book has grown to around Rs 9,000 crore with customers borrowing around Rs 6,000 crore.
The SoftBank-backed company's net profit, however, rose 21% increase to Rs 724 crore in FY26 from Rs 597 crore in FY25.
It processed nearly $50 billion in annual gross transaction value (GTV) and crossed 3 lakh merchant customers.
The company’s net profit increased 17% to Rs 438 crore in FY26 from Rs 374 crore in the previous fiscal.
For the fourth quarter of FY26, the company posted its first-ever quarterly net profit of Rs 3.1 crore but the profit included a deferred tax asset of Rs 8.2 crore.
Total expenses surged 36% to nearly Rs 700 crore during FY26 as compared to Rs 513.8 crore in FY25.
Its total income more than doubled to Rs 103.4 crore in FY26 from Rs 47.9 crore a year earlier.
Total income rose 44% to Rs 53.5 crore during the year, up from Rs 37.1 crore in FY25.
Its net operating revenue rose 14% year-on-year to Rs 904.9 crore.
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.
The Bengaluru-based non-banking financial company's net profit fell 46% to Rs 93.32 crore in FY26 from Rs 172.27 crore in the previous year.
The company’s net profit increased around 25% to Rs 294.9 crore during FY26 from Rs 236 crore in the previous fiscal.
Its net profit rose 75% year-on-year to Rs 281.4 crore during the fiscal year from Rs 160.6 crore in FY25.
Gross non-performing assets (NPAs) improved to 4.81% at the end of March 2026 from 6.25% a year earlier.