Mumbai-based digital lending startup Kissht, operated by OnEMI Technology Solutions, reported a 67% jump in operating income, at Rs 619 crore, for the quarter ended March 2026. This was primarily driven by growth of its active customer base, its assets under management (AUM), and improvement in asset quality.
The company’s net profit for the quarter stood at Rs 82.2 crore, up 52% from Rs 54.2 crore a year back.
The consumer lending startup closed the full 2026 financial year with operating revenues of Rs 2,179 crore and a net profit of Rs 281 crore. This is the company’s first quarterly result after being listed earlier this year.
“The growth has come from operational efficiency; our GNPA (Gross Non-Performing Assets) has also improved sharply, from 2.9 to 2.12%,” said Ranvir Singh, chief executive officer, Kissht.
In the release shared by the company, Kissht said its active consumer base had climbed 71% to 3.2 million and AUM had grown 73% to Rs 7,066 crore. Its net profit stood at Rs 82 crore, up 52% on-year.
According to disclosures shared by the firm, its gross NPAs, or loans that have not been paid on time, stood at 2.12% at the end of the fiscal year, and its net NPAs, after provisioning, stood at 0.29%.
Kissht lends through a mix of on-book and co-lending arrangements. The company said that 65% of its loans are in the partner’s books, 34% on its own books through co-lending arrangements, and 1% is assigned to partners post disbursement.
Kissht is focussing on building its loan portfolio through a mix of credit against properties and unsecured personal loans. While the tenure of secured loans is up to 10 years, personal loans are for six months to five years. Currently, around Rs 6,500 crore of the AUM is in personal loans.
The company got listed on the exchanges earlier this month, and raised Rs 850 crore through a fresh issue of shares. A large chunk of the capital was set aside for investment in its NBFC Si Creva.
