Kissht Reports Significant Growth in Q2 FY27

Kissht, a prominent digital lending platform, has recorded a remarkable 44.7% rise in operating revenue for Q2 FY27, with profits more than doubling during this period. According to its consolidated financial statements sourced from the NSE, Kissht’s operational revenue surged to Rs 732 crore in Q2 FY27, compared to Rs 506 crore in the same quarter last fiscal year.

Founded by Ranvir Singh and Krishnan Vishwanathan, Kissht focuses on providing small-ticket consumer loans. The firm has broadened its lending operations through alliances with merchants in diverse sectors such as electronics, fashion, and travel. The primary source of income for the company comes from interest earned on these loans.

Based in Mumbai, Kissht also declared Rs 8 crore in other income, lifting its total income to Rs 740 crore in Q2 FY27, up from Rs 518 crore a year earlier.

Expense Breakdown for Q2 FY27

On the expense front, the impairment losses on financial instruments, which indicate provisions for potential loan losses, rose by 9% year-on-year to Rs 133 crore from Rs 122 crore. Employee benefit expenses saw an increase of 38.8% to Rs 68 crore, while finance costs remained stable at Rs 72 crore.

Depreciation expenses experienced a decline of 8.8% to Rs 5 crore. Meanwhile, other expenses surged significantly, rising by 65.6% to Rs 308 crore. In total, expenses escalated by 35% to Rs 586 crore in Q2 FY27, compared to Rs 434 crore during the prior year’s quarter.

Kissht’s Profit Growth

On the profitability front, Kissht reported that its profit more than doubled to Rs 125 crore in Q2 FY27, compared to Rs 62.44 crore in Q2 FY26. For the first half of FY27 (H1 FY27), the company’s operating revenue surged by 44.6% to Rs 1,401 crore, up from Rs 969 crore in the corresponding period of the previous fiscal year. Its profit for this period grew by 80.3% to Rs 220 crore from Rs 122 crore.