Cred FY25 revenue rises 16% to Rs 2,735 cr; operating losses halve to Rs 298 cr

Kunal Shah-led Cred grew FY25 revenue to Rs 2,735 crore from Rs 2,356 crore, while operating losses narrowed sharply from Rs 609 crore to Rs 298 crore as the Bengaluru fintech tightened costs and leaned on lending and financial services to monetise its affluent user base.

— FiledFri, 19 Jun, 2026, 18:52 IST·First seen Fri, 19 Jun, 2026, 18:50 IST·Source Moneycontrol · News Web

What happened

Cred's FY25 revenue grew 16% to Rs 2,735 crore while operating losses nearly halved to Rs 298 crore, as the Kunal Shah-led fintech tightened costs and pushed

Key facts

  • Rs 2,735 crore FY25 revenue
  • 16% growth
  • Rs 2,356 crore FY24 revenue
  • Rs 298 crore operating loss FY25
  • Rs 609 crore operating loss FY24

Why this matters

Cred's improving fundamentals and lending-led monetization strengthen its strategic optionality—either as a premium fintech consolidator or an attractive partner for banks seeking affluent customer reach.

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