India, July 29 -- IPO-bound B2B ecommerce startup OfBusiness reported a 21% jump in its consolidated profit to Rs.724 Cr in FY26 from Rs.597 Cr in FY25. Its operating revenue remained largely flat at Rs.20,645 Cr.

In a statement, the company said revenue remained largely flat on an adjusted basis after excluding discontinued operations. The company's commerce business generated revenue of Rs.19,174 Cr during the year.

However, EBITDA rose 34% YoY to Rs.769 Cr from Rs.575 Cr in FY25, with EBITDA margin expanding to 4% from 2.6%.

OfBusiness attributed the margin improvement to deeper manufacturing integration and the exit from some lower-return business categories. Its balance sheet was also impacted by exceptional items of Rs.21 Cr and ...