Digital lending platform Moneyview reported a 41% year-on-year growth in revenue from operations in Q2 FY27, while its net profit jumped 5.15 times during the period.
Moneyview’s revenue from operations rose to Rs 1,120 crore in Q2 FY27 from Rs 794 crore in the corresponding quarter last fiscal year, according to its consolidated financial statements filed with the National Stock Exchange (NSE).
The Bengaluru-based company also reported Rs 26 crore in other income, taking its total income to Rs 1,146 crore in Q2 FY27, compared with Rs 804.6 crore in Q2 FY26.
Founded in 2014 by Puneet Agarwal and Sanjay Aggarwal, Moneyview provides digital lending products such as instant personal loans, credit cards, Buy Now Pay Later (BNPL) and financial management solutions through partner lenders. Its lending partners include Aditya Birla Capital, Northern Arc, Vivriti Capital and Oxyzo.
Impairment of financial instruments increased 18.7% to Rs 286 crore in Q2 FY27 from Rs 241 crore in Q2 FY26. Employee benefits expenses rose 41.3% to Rs 97.5 crore from Rs 69 crore during the same period.
Finance costs increased 25.6% to Rs 194 crore from Rs 154.5 crore, while other expenses grew 24.6% to Rs 298.5 crore from Rs 239.5 crore. Overall, Moneyview's total expenses increased 24.5% to Rs 876.5 crore in Q2 FY27 from Rs 704 crore in the corresponding quarter last fiscal year.
4% year-on-year increase.
Source link







