IPO-Bound Navi’s FY26 Loss More Than Triples To ₹466 Cr
AI Summary
IPO-bound fintech startup Navi saw its net loss for the fiscal year FY26 widen by 268.7% to ₹465.99 from ₹126.4 Cr in the prior fiscal year. The bottom line swelled despite a 16.2% uptick in Navi’s top line, with its operating revenue for the fiscal increasing to ₹2,981.7 Cr from ₹2,565 Cr in the year-ago fiscal. Including other income of ₹108.9 Cr, Navi’s total income for the year stood at ₹3,090.6 Cr.
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