InCred Finance Q1: Profit Jumps 82% YoY To ₹172 Cr

IPO-bound fintech company InCred Holdings’ lending tech arm InCred Financial Services (InCred Finance) said that it reported a consolidated net profit to ₹172 Cr in Q1 FY27, up 82% from ₹94 Cr in the year ago quarter. The company attributed the surge in bottom line to growing loan disbursements, improving operating leverage and healthy asset quality. In a statement, InCred Finance said that its cost to income ratio stood at 44.6% during the quarter under review as against 45.8% in Q1 FY26.