India, July 21 -- Peer-to-peer (P2P) lending startup LenDenClub's parent entity Vartis Platforms reported a 183% jump in profit after tax (PAT) to Rs.96.2 Cr in FY26 from Rs.34 Cr in the previous fiscal year, driven by stronger credit infrastructure and growth across its lending businesses.

The performance also marked the startup's second consecutive profitable fiscal after it slipped into a net loss of Rs.10.6 Cr in FY24 following the RBI's crackdown on P2P lending.

Operating revenue rose 43% to Rs.338 Cr in FY26 from Rs.236.4 Cr a year earlier. Including interest and other income, total revenue stood at Rs.366.6 Cr during the year under review.

Speaking to Inc42, LenDenClub cofounder and CEO Bhavin Patel said the startup strengthened...