Indifi FY26 profitability follows portfolio expansion
Indifi Technologies expanded its lending portfolio across supply chain finance, startup lending, D2C loans and secured lending during FY26, while returning to profitability. The MSME-focused digital lending platform reported Rs 5.2 crore in profit for the year, compared with a Rs 45 crore loss in FY25.
Its revenue from operations grew 3% year-on-year to Rs 371.1 crore in FY26 from Rs 360.4 crore in FY25, according to financial statements filed with the Registrar of Companies.
Indifi FY26 profitability was driven by lower impairment costs
Founded in 2015, Indifi provides debt financing to MSMEs. Its products cover supply chain finance, startup lending, D2C businesses and other lending products tailored to MSME financing needs.
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The company said it had served more than 1.6 lakh MSMEs across 400 cities. Interest earned on loans remained its primary revenue source, accounting for 87% of operating income and increasing 2.4% to Rs 321.7 crore in FY26.
Impairment on financial instruments nearly halved to Rs 55.3 crore from Rs 107.6 crore in FY25. Indifi attributed the improvement to healthier credit performance, sharper customer selection and closer portfolio management. Its total expenditure declined 12% to Rs 376.8 crore.
For FY27, Indifi plans to scale AI initiatives piloted during FY26, strengthen credit management and expand its product and digital lending capabilities.
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