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IPO Bound InCred Holdings profit rises 5% to ₹290 cr as revenue jumps 39%

Business
Published on 8 May 2026
IPO Bound InCred Holdings profit rises 5% to ₹290 cr as revenue jumps 39%

Investors will offload shares as fresh issue follows filing

InCred Holdings, parent of Bengaluru NBFC InCred Finance, reported 9M FY26 net profit of ₹290.1 crore, up about 5% from FY25. Revenue from operations jumped 38.6% to ₹1,848.9 crore, mainly driven by interest income. The company has filed an updated DRHP for an IPO with fresh issue up to ₹1,250 crore and an OFS component, alongside stable asset quality metrics.

  • 9M FY26 net profit at ₹290.1 crore, up ~5% YoY
  • Operating revenue jumps 38.6% to ₹1,848.9 crore on interest income surge
  • Updated DRHP filed for IPO with fresh issue up to ₹1,250 crore and OFS up to 9.9 crore shares
  • Asset quality broadly stable with gross NPA 2.28% and net NPA 0.87% in 9M FY26
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This summarization was done by Beige for a story published on Inc42Inc42

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