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FamApp’s revenue touches Rs 25 Cr in FY26, profit nosedives 99%

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FamApp’s revenue touches Rs 25 Cr in FY26, profit nosedives 99%

FamPay Solutions Private Limited, the entity behind fintech app FamApp, reported a 20.5% increase in revenue from operations and crossed the Rs 25 crore milestone in FY26. However, higher employee and other operating expenses sharply reduced its profit by 99%.

The Bengaluru-based company has reported a 20.5% increase in operating revenue to Rs 25.02 crore in FY26 from Rs 20.75 crore in FY25, according to its standalone financial statements reviewed by Entrackr.

With Rs 5.01 crore in interest income and Rs 5.2 crore in gains from the sale of investments, its total income increased 13.1% to Rs 35.23 crore during the last fiscal year. It's important to note that the financials presented here are based on its standalone statements.

Expenses, meanwhile, grew 34.7% to Rs 35.18 crore, outpacing revenue growth. Employee benefit expenses increased 23.3% to Rs 16.16 crore, while other expenses rose 47.1% to Rs 18.45 crore. Its technical fees saw a jump of 82% to Rs 10.22 crore in FY26

Consequently, profit before tax fell to Rs 4.8 lakh in the fiscal year ending March 2026 from Rs 5.04 crore in the previous year.

The balance sheet showed cash and cash equivalents of Rs 61.83 crore as of March 2026, up from Rs 20.62 crore a year earlier. Current investments, however, declined to Rs 26.5 crore from Rs 54.6 crore. 

The financial performance comes amid changes in FamApp’s reset. In June 2025, Entrackr reported that Elevation Capital led a $15 million secondary round in the company, with a large part of the investment going towards purchasing shares held by co-founder Kush Taneja.


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