Lender Oxyzo’s revenue rises 34% to Rs 1,207 crore in FY25; net profit up 17%

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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.

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Lender Oxyzo’s revenue rises 34% to Rs 1,207 crore in FY25; net profit up 17%


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…



Source link

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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