LenDenClub Parent’s Profit Jumps 183% To ₹96 Cr In FY26, Eyes Merchant Lending Foray

Peer-to-peer (P2P) lending startup LenDenClub’s parent entity Vartis Platforms reported a 183% jump in profit after tax (PAT) to ₹96.2 Cr in FY26 from ₹34 Cr in the previous fiscal year, driven by stronger credit infrastructure and growth across its lending businesses. The performance also marked the startup’s second consecutive profitable fiscal after it slipped into a net loss of ₹10.6 Cr in FY24 following the RBI’s crackdown on P2P lending . Operating revenue rose 43% to ₹338 Cr in FY26 from