Kissht posts Rs 670 crore Q1 FY27 revenue, with profit up 58% YoY

Mumbai-based consumer-lending platform Kissht reported Rs 670 crore in operating revenue and Rs 95 crore in profit for Q1 FY27. AUM grew 61% year-on-year to Rs 8,001 crore, aided by merchant partnerships spanning electronics, fashion and travel.

— Source publishedWed, 29 Jul, 2026, 22:39 IST·First seen Wed, 29 Jul, 2026, 22:41 IST·Source Entrackr · Newsletter

What happened

Mumbai-based consumer-lending platform Kissht reported Q1 FY27 operating revenue of Rs 670 crore and profit of Rs 95 crore. Its AUM rose 61% year-on-year to Rs

Key facts

  • Q1 FY27 operating revenue: Rs 670 crore
  • Operating revenue growth: 45% YoY
  • Total revenue: Rs 677 crore
  • Profit: Rs 95 crore
  • Profit growth: 58% YoY; 16% QoQ
  • AUM: Rs 8,001 crore, up 61% YoY and 13% QoQ
  • Off-book AUM: Rs 4,284 crore (53.6% of portfolio)
  • Customers served: over 12.25 million, up 26% YoY
  • Market capitalization: Rs 5,796 crore ($610 million)

Why this matters

Kissht’s momentum makes it a more credible financing partner or acquisition target for retail, payments and travel platforms seeking to add merchant-led credit at scale.

What to watch

  • Quarterly GNPA, NNPA, write-off and collection-efficiency trends, especially for newer borrower cohorts.
  • Whether profit growth remains ahead of revenue growth as AUM scales.
  • Cost of funds, availability of bank/NBFC lending lines and any concentration among funding partners.
  • Growth in active merchant partners and evidence that merchant financing is raising checkout conversion or average order values.
  • RBI or broader regulatory actions affecting digital lending, loan-service-provider practices, customer disclosures or unsecured-credit underwriting.
  • Changes in discretionary spending across electronics, fashion and travel, which could affect both loan originations and repayment behavior.
  • Add merchant partnerships in high-ticket electronics, fashion, travel and other discretionary categories where EMI conversion can lift retailer sales.
  • Use the larger borrower base to expand repeat loans, cross-sell and risk-based pricing rather than relying solely on new-customer acquisition.
  • Strengthen collections, fraud controls and cohort-level underwriting as recently originated loans season.
  • Seek diversified, lower-cost lending and co-lending capacity to protect net interest margins while AUM expands.
  • Market profitability alongside growth to differentiate from consumer-finance peers that are still prioritizing volume.

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