Mumbai, July 15 -- Total revenue from operations jumped 25.35% YoY to Rs 1,429.69 crore in the quarter ended 30 June 2026.

On a sequential basis, net profit declined 27.74%, while revenue slipped 2.03%.

Profit before tax (PBT) increased 97.45% YoY to Rs 324.67 crore but fell 26.19% quarter on quarter (QoQ).

Earnings before depreciation, amortisation and taxes (EBDAT) surged 85.03% YoY to Rs 359.7 crore but declined 23.92% QoQ. The EBDAT margin improved to 32.7% in Q1 FY27 from 21.8% in Q1 FY26, while it moderated from 41.7% in the previous quarter.

The company's total user base grew 18.8% YoY and 3.2% QoQ to 38.6 million. Gross client acquisition stood at 1.3 million during the quarter, down 13.6% YoY and 26.7% QoQ.

Assets under mana...