Bottomline: Fullerton-backed Lendingkart’s FY24 profit nearly halves; revenue, AUM up
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Bottomline: Fullerton-backed Lendingkart’s FY24 profit nearly halves; revenue, AUM up

By Aman Rawat

  • 07 Jun 2024
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Bottomline: Fullerton-backed Lendingkart’s FY24 profit nearly halves; revenue, AUM up
Harshvardhan Lunia, co-founder and CEO, Lendingkart

Lendingkart Finance Ltd, the non-banking financial company (NBFC) owned and operated by the Lendingkart Group, saw its net profit decline in the financial year through March 2024 despite an uptick in in the company’s revenue from operations and assets under management (AUM).   Lendingkart’s net profit fell to Rs 60 crore ($7.2 million) ......

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