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moves money Inc42 September 16, 2026

Lendingkart Finance Cuts Q1 FY27 Loss By 62% To ₹32.4 Cr, Revenue Halves YoY

Lendingkart Finance Cuts Q1 FY27 Loss By 62% To ₹32.4 Cr, Revenue Halves YoY
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Fintech startup Lendingkart’s NBFC arm Lendingkart Finance has managed to trim its loss by 62% to ₹32.4 Cr for the quarter ended June 30, 2026 (Q1 FY27) from the ₹84.8 Cr loss incurred in the year-ago quarter. The loss also shrank dramatically on a sequential basis, down 73% from ₹121.9 Cr in Q4 FY26, signalling that the sharp deterioration seen through FY26 may be bottoming out. However, the topline also continued to shrink.

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