India, May 29 -- Fintech startup Lendingkart's NBFC arm Lendingkart Finance continued to remain under financial pressure in the fiscal year FY26 after slipping into loss in the previous fiscal. The Ahmedabad-based NBFC reported a 16% rise in its net loss to Rs.333.3 Cr in FY26 from Rs.288.3 Cr loss incurred in the previous fiscal year.

Its operating revenue declined 62% to Rs.327.3 Cr in FY26 from Rs.866.9 Cr in FY25, mainly due to lower loan disbursements. While interest income for the fiscal plunged 73% YoY to Rs.227 Cr, fees and commission income fell by 76% to Rs.107.6 Cr. The company incurred a loss of Rs.19 Cr in Q4 FY26 under the fees and commission income.

During the fiscal, management reviewed direct assignments and co-lending ...