Results · Financial Services
Fibe reports Rs 1,228 crore revenue in FY25
By Startup Enthusiast ·
- Date
- Company
- Fibe
- What it does
- Digital lending platform
- Kind
- Results
- Founded
- 2015
- Sector
- Financial Services
What they do
Fibe offers personal loans, long-term loans, and loans against mutual funds
What happened
Revenue rose 49% to Rs 1,228 crore; profit grew 13% to Rs 114 crore
Why it matters
The company spent Rs 0.91 to earn each rupee of operating revenue
The details
- Fibe reported Rs 1,228 crore revenue for FY25, up 49% from Rs 824 crore in FY24.
- Profit after tax stood at Rs 114 crore, up 13% year-on-year.
- Total income for the year was Rs 1,269 crore.
- Interest income exceeded Rs 1,000 crore, making up over 80% of operating revenue.
- Guarantee premium income was Rs 104 crore, up 83% from the previous year.
- Finance cost rose 85% to Rs 691 crore, including Rs 257 crore in loan write-offs.
- Advertising expenses were Rs 128 crore and employee costs were Rs 111 crore.
- The company spent Rs 0.91 to earn every rupee of operating revenue.
The bigger picture
- Fibe's revenue growth of 49% shows strong demand for its digital lending products.
- Profit growth of 13% lagged revenue growth due to higher finance costs and write-offs.
- The company has facilitated over 9 million loans and disbursed over Rs 40,000 crore.
About the business
- Fibe provides personal loans, long-term loans, and loans against mutual funds and fixed deposits.
- Its loans cover healthcare, education, and solar rooftop installation expenses.
- It has facilitated over 9 million loans through more than 8,500 lenders.
- Total lifetime disbursements exceed Rs 40,000 crore.
Founders
- Akshay Mehrotra, Co-founder
- Ashish Goyal, Co-founder
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