India, July 30 -- IPO-bound fintech company InCred Holdings' lending tech arm InCred Financial Services (InCred Finance) said that it reported a consolidated net profit to Rs.172 Cr in Q1 FY27, up 82% from Rs.94 Cr in the year ago quarter.

The company attributed the surge in bottom line to growing loan disbursements, improving operating leverage and healthy asset quality. In a statement, InCred Finance said that its cost to income ratio stood at 44.6% during the quarter under review as against 45.8% in Q1 FY26.

However, the company did not disclose its total income during the quarter.

In a statement, InCred Finance also claimed that its loan book (excluding assigned loans) grew to Rs.14,809 Cr in Q1 FY27 on the back of continued moment...