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  • Lendingkart’s Burgeoning Profitability Run Continues In Fy24: Nets Profit Of Inr 30Cr In Q1 Fy24; 99% Growth Yoy

    Lendingkart’s burgeoning profitability run continues in FY24: Nets profit of INR 30CR in Q1 FY24; 99% growth YoY

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    Lendingkart’s burgeoning profitability run continues in FY24: Nets profit of INR 30CR in Q1 FY24; 99% growth YoY

    Lendingkart Group reported a 99% jump in its net profit to INR 30 crore for the June 2023 quarter as compared to the same quarter last year. Starting the year profitably, the positive streak continues for seven quarters in a row, resulting in a remarkable 49% growth vs Q1 FY23. The overall AUM of the Ahmedabad-based lender grew 52% to INR 5,515 crore from INR 3,621 crore a year ago. Lendingkart has a total borrower base of over 200,000 valued customers across 14,500+ pin codes (out of 19,000) pan-India.  Of the total disbursal, INR 963… Read More

    August 31, 2023,

    2 min read

    Note NOTE: No processing fees are being charged by Lendingkart before disbursement of the loan amount. Any individual claiming otherwise must not be entertained. Please report such activity on 1800-572-0202 or email us at care@lendingkart.com
    Website of Lendingkart Finance Limited can be accessed by clicking the following link here
    Complaints: For Complaints, please write us at care@lendingkart.com or call us at 1800-572-0202 For contact details of Nodal and Grievance Redressal Officer and Ombudsman, please click here
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