India, July 22 -- IPO-bound fintech company InCred holdings' lending tech arm InCred Financial Services (InCred Finance) reported a 17.1% increase in its consolidated net profit to Rs.438 Cr in FY26 from Rs.374 Cr in the previous fiscal year. Profitability moderated due to higher credit costs.

As per an ICRA report, the company's total income in the fiscal rose 36.3% to Rs.2,567 Cr from Rs.1,883 Cr in the fiscal prior. The uptick was driven by a strong expansion of its lending business, with its total managed assets in the fiscal grew 22% to Rs.17,748 Cr from Rs.14,512 Cr.

IFSL's assets under management (AUM) expanded by 28% to reach Rs.15,881 Cr as of March 2026, though it moderated vis-a-vis the 37% YoY growth seen in FY25.

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