Peak XV-Backed Finova Capital’s FY26 PAT Dips 11% To ₹165 Cr

Norwest Ventures-backed lending tech startup Finova Capital recorded an 11% year-on-year (YoY) decline in its net profit for the fiscal year FY26 to ₹165.3 Cr from ₹185 Cr in the previous fiscal year. Operating revenue grew 21% to ₹921.4 Cr from ₹762.3 Cr in the previous year. Interest income accounted for ₹901.7 Cr of its revenue while a further ₹10.6 Cr came from fees and commissions.