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Exclusive: Oxyzo clocks Rs 330 Cr PAT on Rs 1,207 Cr revenue in FY25

EntrackrEntrackr · 1m ago
Exclusive: Oxyzo clocks Rs 330 Cr PAT on Rs 1,207 Cr revenue in FY25
Medial

According to consolidated financial statements reviewed by Entrackr, Oxyzo’s operating revenue rose to Rs 1,207 crore in FY25, up from Rs 903 crore in FY24. Following a 58% year-on-year growth in FY24, B2B fintech unicorn Oxyzo Financial Services continued its strong momentum in FY25, recording a 33.7% YoY increase in revenue for the fiscal year ended March 2025. The company also reported a 16.5% rise in profit during the same period. Oxyzo, the lending arm of the industrial goods and services procurement platform OfBusiness, offers credit solutions and loans to small and medium enterprises (SMEs) and startups. Interest income from loan disbursements contributed 95% of its total operating revenue, which rose to Rs 1,141 crore in FY25. The remaining revenue came from fees and commissions. As a lending-focused company, finance costs emerged as the largest expense for Oxyzo, accounting for 58% of its total spending. These costs climbed to Rs 439 crore in FY25, in line with the company's expanding scale. Oxyzo spent Rs 143 crore on employee benefits. Its legal, impairment, administrative, and other operational expenses contributed to a total expenditure of Rs 755 crore in FY25, up from Rs 514 crore in FY24. The combination of topline growth and controlled cost mechanism helped the company post a 16.5% growth in profits, which rose to Rs 339 crore in FY25, compared to Rs 291 crore in the previous fiscal year. Oxyzo raised approximately $200 million in 2022, achieving unicorn status following its Series A round led by Alpha Wave and Tiger Global. The company also plans to raise a fresh round of equity in the second half of FY26 in the range of $100-150 million. According to startup data intelligence platform TheKredible, the OFB group, including its promoters, holds a 74.5% stake, while Alpha Wave is the largest external investor with a 7.4% share, followed by Tiger Global. Its parent OfBusiness is also gearing up for a $1 billion IPO, expected to include a combination of a fresh issue and an offer for sale.

Zomato’s parent Eternal posts Rs 7,167 Cr revenue in Q1 FY26, profit falls 90%

EntrackrEntrackr · 1d ago
Zomato’s parent Eternal posts Rs 7,167 Cr revenue in Q1 FY26, profit falls 90%
Medial

Fintrackr All Stories Zomato’s parent Eternal posts Rs 7,167 Cr revenue in Q1 FY26, profit falls 90% Eternal released its financial results for the first quarter of FY26 on Monday. The Gurugram-based company reported a 90% fall in profit for the quarter ending June 2025. Eternal’s revenue from operations grew 70% to Rs 7,167 crore in Q1 FY26 in contrast to Rs 4,206 crore in Q1 FY25, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE). Eternal operates several business units, including a food marketplace, Hyperpure, and a quick commerce platform, BlinkIt. Income from Eternal’s food delivery business contributed 31% of the total revenue in Q1 FY26, growing 16% to Rs 2,261 crore from Rs 1,942 crore in Q1 FY25. Revenue from Hyperpure (B2B supplies) and the quick commerce segment (Blinkit) saw significant growth, rising 89% to Rs 2,295 crore and 155% to Rs 2,400 crore, respectively, during the first quarter of FY26. Earnings from the 'Going-out' segment and other non-operating income brought the Eternal Group’s total revenue to Rs 7,521 crore in Q1 FY26. On the cost side, Delivery and related charges accounted for 25% of Eternal's total expenditure, at Rs 1,869 crore in Q1 FY26. Employee benefit cost rose 57% to Rs 830 crore while spending on advertising and marketing increased by 69% to Rs 671 crore in Q1 FY26. Overall, the company’s overall expenditure increased by 77% to Rs 7,433 crore in Q1 FY26, up from Rs 4,203 crore in Q1 FY25. The 70% surge in advertising led the company's profit to fall by 90% to Rs 25 crore in Q1 FY26 from Rs 253 crore in Q1 FY25. On a per-unit basis, the Gurugram-based company spent Rs 1.04 to earn every rupee of revenue during the quarter ending March 2025. At 15:37 on Monday (July 21), Eternal’s shares were priced at Rs 274, giving the foodtech platform a market capitalization of Rs 2,64,564 crore (approximately $31.2 billion).

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