Tech
Lender Oxyzo’s revenue rises 34% to Rs 1,207 crore in FY25; net profit up 17%
[ad_1]
Oxyzo Financial Services, the lending arm of SoftBank-backed B2B commerce startup OfBusiness, reported a 33.6% jump in operating revenue to Rs 1,207 crore for the fiscal year ended March 2025, driven by a 32% increase in interest income.
The Gurugram-based company posted a net profit of Rs 339.1 crore for the year, up 16.7% from Rs 290.5 crore the previous fiscal year.
Interest income from loan disbursements contributed Rs 1,140.6 crore, accounting for 95% of Oxyzo’s operating revenue. The remainder largely came from fee and commission income.
Founded…
[ad_2]
Source link
Continue Reading
You must be logged in to post a comment Login