India, May 29 -- Sachin Bansal-led fintech unicorn Navi's NBFC arm, Navi Finserv Ltd, continued to see its consolidated profit sink in the fiscal year FY26. In the fiscal year, the company's profit after tax plunged 46% to Rs.93.3 Cr from Rs.172.2 Cr in FY25.

The decline in profit comes despite a sizable uptick in its top line in the fiscal. The NBFC's operating revenue for the fiscal year increased 17% to Rs.2,691.5 Cr compared to Rs.2,294.2 Cr in the previous fiscal year.

This marks the second consecutive fiscal year of declining profit for the company. In FY25, the NBFC's PAT declined 67% to Rs.221.9 Cr during the year from Rs.668.8 Cr in FY24.

However, on a standalone basis, Navi Finserv claims that its profit is on the rise. In Q4...