Lendingkart Finance Slips Into Red, Posts INR 288 Cr Loss In FY25

Lendingkart Finance has slipped into the red, posting an ₹28.8 crore loss in FY25. This financial result indicates a significant downturn for the fintech lending company, moving from profitability to a substantial loss. Such losses can be attributed to various factors, including increased loan defaults, higher operating costs, or intense market competition. This highlights the inherent risks and financial challenges faced by players in the lending sector, especially in a dynamic economic environment.