Tiger Global-Backed OkCredit Narrows FY25 Loss By 34% To INR 23 Cr

by · Inc42

SUMMARY

  • OkCredit’s net loss narrowed 34% year-on-year to INR 23.2 Cr in FY25 from INR 35.1 Cr in FY24
  • Operating revenue rose 63.6% YoY to INR 23.3 Cr, while total income grew 60.5% to INR 25.2 Cr
  • Total expenses fell 4.7% to INR 48.5 Cr in FY25 on the back of lower employee and marketing costs