True Balance books Rs 430 Cr revenue in FY23, profit rises 17X

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SoftBank-backed digital payments and lending firm True Balance has continued its growth story with a 76.6% rise in collection and a stupendous 17X surge in profit during the fiscal year ending March 2023. Their revenue from operations grew to Rs 431 crore in FY23 from Rs 244 crore, according to the firm’s consolidated annual financial …

The post True Balance books Rs 430 Cr revenue in FY23, profit rises 17X appeared first on Entrackr.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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True Balance books Rs 430 Cr revenue in FY23, profit rises 17X

SoftBank-backed digital payments and lending firm True Balance has continued its growth story with a 76.6% rise in collection and a stupendous 17X surge in profit during the fiscal year ending March 2023. Their revenue from operations grew to Rs 431 crore in FY23 from Rs 244 crore, according to the firm’s consolidated annual financial …

The post True Balance books Rs 430 Cr revenue in FY23, profit rises 17X appeared first on Entrackr.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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