Preparing Inventory & Cash Flow for Q4 Surge
The final three months of the year, Quarter 4, involve a lot of preparation for a surge in sales and balancing cash flow. But if you aren’t prepared, that spike in demand can actually break your business. What if your stock runs out just as customers are ready to buy, or the bank account looks […]
Fullerton to Acquire Controlling Stake in Lendingkart to Boost MSME Lending Nationwide
Lendingkart’s burgeoning profitability run continues in FY24: Nets profit of INR 30CR in Q1 FY24; 99% growth YoY
Lendingkart posted a PAT of INR 30 Cr in Q1 FY24 and INR 120 Cr in FY23 Reflecting a 43% increase, Lendingkart’s revenue soared to INR 268 Cr With 49% YoY growth, the disbursement reached to INR 1213 Cr Lendingkart Group reported a 99% jump in its net profit to INR 30 crore for
Lendingkart records profit after tax of 120 crores in FY-23
Lendingkart Group today announced that it has grown its loan book by 44 percent during the year 2022-23. Clocking around 1000 crore disbursal rate per quarter, Lendingkart ended the year with a total disbursement of around 4000 crores. Recording profitable growth in the last six quarters, the group has disbursed around 14,000 crores empowering