Moneyview Reports Impressive Growth in Digital Lending
Moneyview’s digital lending platform experienced a striking 41% year-on-year increase in revenue from operations for Q2 FY27, alongside a substantial rise in net profit which surged 5.15 times during the same timeframe. According to the consolidated financial statements submitted to the National Stock Exchange (NSE), Moneyview’s revenue from operations escalated to Rs 1,120 crore in Q2 FY27, compared to Rs 794 crore in the same quarter of the previous financial year.
Based in Bengaluru, Moneyview also noted other income of Rs 26 crore, elevating its total income to Rs 1,146 crore for Q2 FY27, a significant leap from Rs 804.6 crore reported in Q2 FY26. Established in 2014 by Puneet Agarwal and Sanjay Aggarwal, Moneyview offers digital lending solutions including instant personal loans, credit cards, Buy Now Pay Later (BNPL) options, and financial management services through its partner lenders. Its lending partners encompass Aditya Birla Capital, Northern Arc, Vivriti Capital, and Oxyzo.
The impairment of financial instruments saw a rise of 18.7%, reaching Rs 286 crore in Q2 FY27, up from Rs 241 crore in Q2 FY26. Employee benefits expenses increased by 41.3%, amounting to Rs 97.5 crore, up from Rs 69 crore for the same period. Additionally, finance costs climbed by 25.6%, totaling Rs 194 crore, compared to Rs 154.5 crore, while other expenses rose by 24.6%, reaching Rs 298.5 crore compared to Rs 239.5 crore. Consequently, Moneyview’s total expenses elevated by 24.5%, amounting to Rs 876.5 crore in Q2 FY27, compared to Rs 704 crore in the same quarter last fiscal year.
On the profit side, the company’s net profit skyrocketed 5.15 times to Rs 201 crore in Q2 FY27, in contrast to Rs 39 crore reported in the same quarter last fiscal year, marking a dramatic increase of 415.4% year-on-year. When observed on a half-yearly basis, Moneyview’s revenue from operations exhibited a growth of 45.3%, soaring to Rs 2,161 crore in H1 FY27 from Rs 1,487 crore in H1 FY26. The net profit for the half-year also saw a remarkable rise of 253.8%, reaching Rs 375 crore from Rs 106 crore during the same period.
Following Thursday’s trading session, the company’s shares concluded at Rs 58.25, which translates to a market capitalisation of approximately Rs 9,701 crore.