InCred Financial Services Ltd., backed by global investment firm KKR, has reported an 18% year-on-year (YoY) increase in net profit, reaching ₹372 crore for FY25. The company’s fees and commission income surged four times to ₹137 crore, reflecting strong business momentum and diversified lending growth.
Financial Highlights
- Net Profit: ₹372 crore, up 18% YoY.
- Revenue: ₹1,871.9 crore, marking a 47% increase.
- Loan Book Growth: 37% YoY to ₹12,384 crore.
- Gross NPA Ratio: 1.94%, with net NPA at 0.73%.
- Commission Income: ₹137 crore, up 4x YoY.
Strategic Expansion & Fundraising Plans
InCred Financial has approved raising funds through non-convertible debentures, along with a ₹40 crore rights issue. Bloomberg previously reported that the company is considering an IPO worth ₹4,000 crore, targeting a ₹15,000 crore valuation.
Market Outlook & Growth Strategy
With a net worth of ₹3,716 crore, InCred Financial continues to expand its consumer loans, education loans, and MSME lending portfolio. The company’s strong financial performance and strategic investments position it for sustained growth in the fintech lending space.
For more updates on InCred Finance and financial sector trends, stay tuned!
