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Kissht posts Rs 1,337 Cr revenue in FY25 with Rs 161 Cr profit

EntrackrEntrackr · 1m ago
Kissht posts Rs 1,337 Cr revenue in FY25 with Rs 161 Cr profit
Medial

Kissht posts Rs 1,337 Cr revenue in FY25 with Rs 161 Cr profit Digital lending platform Kissht has filed draft papers with SEBI. While the company’s financial numbers appear attractive compared to many other IPO-bound startups, both its revenue and profit declined in FY25. Kissht’s operating revenue fell 20% to Rs 1,337 crore in FY25 from Rs 1,674 crore in FY24, according to its restated consolidated financial statements sourced from the Registrar of Companies (RoC). Kissht makes money from interest income and sourcing & servicing fees. Interest on loans slipped 18% to Rs 994 crore, while sourcing and servicing fees grew to Rs 238 crore. Other income streams such as marketing and commission income and insurance commission contributed Rs 7 crore and Rs 3 crore, respectively, during the last fiscal year. As per the company’s DRHP, revenue from operations dropped 20% primarily due to lower income from on-book loans. Interest on loans declined despite higher on-book AUM, as the company adopted competitive pricing and originated longer-tenure loans, which deferred recognition of processing fees. Other fees and charges also fell sharply on account of improved borrower quality and lower bounce rates. However, revenue from off-book loans increased, with sourcing and servicing fees rising 45%, supported by growth in the off-book loan portfolio. On the cost side, impairment on financial instruments was the largest expense, which halved to Rs 327 crore. Outsourcing and back-office expenses fell 32% to Rs 150 crore, while marketing spend declined 11% to Rs 96 crore. Finance cost surged more than two-fold to Rs 164 crore, and employee benefit expenses rose 6.6% to Rs 193 crore. At the end of the last fiscal year, its total expenses declined 21% to Rs 1,136 crore in FY25 from Rs 1,433 crore in FY24. The combination of lower revenue and higher fixed costs led to a contraction in profitability for Kissht. Its net profit declined 18.5% year-on-year to Rs 160.6 crore in FY25 from Rs 197 crore in FY24, while ROCE and EBITDA margin stood at 28.88% and 29.79%, respectively. On a unit level, Kissht spent Rs 0.85 to earn a rupee of operating revenue in FY25. As of March 2025, the company recorded current assets worth Rs 2,161 crore including Rs 144 crore in cash and bank balances.

Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%

EntrackrEntrackr · 4m ago
Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6%
Medial

Delhivery reports Rs 70 Cr profit in Q4 FY25; revenue jumps 6% Logistics company Delhivery announced its Q4 FY25 results on Friday, reporting a 6% year-on-year increase in revenue. The Gurugram-based firm also reported a profit of Rs 72 crore during the same period. Delhivery’s revenue from operations grew to Rs 2,191 crore in Q4 FY25, according to its financial statements filed with the National Stock Exchange (NSE). For the full fiscal year (FY25), Delhivery’s operating revenue increased 10% to Rs 8,932 crore in FY25 from Rs 8,141 crore in FY24. Delhivery's primary revenue sources were its logistics services, including warehousing, last-mile logistics, and designing and deploying logistics management systems. The firm also earned Rs 112 crore from non-operating activities, bringing its total revenue to Rs 2,303 crore in Q4 FY25. Meanwhile, for the full fiscal year, total income reached Rs 9,372 crore. For Delhivery, freight handling and servicing costs made up 70% of its total expenditure, rising by 3% to Rs 1,566 crore in Q4 FY25. Employee benefit expenses decreased by 6% to Rs 337 crore. Legal, depreciation, and other overhead costs contributed to a minor decrease in overall expenditure, which reached Rs 2,249 crore during the quarter. For the full financial year ending March 2025, the firm’s total expenses rose to Rs 9,217 crore as against Rs 8,825 crore in FY24. Delhivery's continued growth and controlled expenditure resulted in a profit of Rs 72 crore in Q4 FY25, compared to a loss of Rs 68 crore in Q4 FY24. On a fiscal basis, it turned profitable and reported a net profit of Rs 162 crore in FY25 as compared to a loss of Rs 249 crore in FY24. At the close of today’s trading session, Delhivery’s share price stood at Rs 321 per share, giving the company a market capitalization of Rs 23,957 crore.

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