IPO-Bound Moneyview’s Q1 Profit Jumps 2.6X YoY To ₹173.8 Cr
Ahead of its IPO, digital lending platform Moneyview reported a 158.8% jump in its consolidated profit to ₹173.8 Cr in…
Moneyview, a Bengaluru-based digital lending platform, has reported a staggering 158.8% increase in its consolidated profit for Q1 FY27, reaching ₹173.8 Cr. This impressive growth marks a significant jump from ₹67.2 Cr in the same quarter last year. The company's operating revenue also surged by 50.2%, reaching ₹1,041.1 Cr, up from ₹693 Cr.
In terms of total income, Moneyview saw a 51.5% increase, reaching ₹1,065.1 Cr compared to ₹702.9 Cr in the previous quarter. The fintech company's largest revenue stream, fees and commission income, climbed 61.5% to ₹632.9 Cr, up from ₹391.8 Cr. This growth in fees and commission income drove the share of operating revenue to 60.8%, up from 56.5% in the year-ago quarter.
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