India, May 8 -- Lending tech unicorn InCred Financial Services, a part of the InCred Group, reported a 18% rise in its consolidated net profit to INR 374 Cr in FY25 from INR 316.4 Cr in the previous year.

Operating revenue zoomed 47% to INR 1,871.9 Cr during the year under review from INR 1,269.9 Cr in FY24. Of this, interest income accounted for INR 1,691.6 Cr. INR 137.2 Cr came from fees and commission.

Including an other income component of INR 10.6 Cr, InCred's total income for the fiscal stood at INR 1,882.6 Cr.

Total expenses stood at INR 1,381.1 Cr, marking a 59% increase from the INR 871.4 Cr it spent in the previous fiscal.

Breaking Down InCred Finance's Expenses

Finance Costs: This continued to be the startup's biggest expe...