Lendingkart swings to Rs 288 Cr loss in FY25 as NPAs rise

Lendingkart reported a loss of Rs 288 crore in FY25, with Non-Performing Assets (NPAs) on the rise, reflecting a broader industry slowdown. This significant loss highlights the increasing challenges faced by digital lenders amidst tightening credit conditions and potential economic headwinds. The surge in NPAs indicates a deterioration in asset quality, putting pressure on Lendingkart's profitability and capital adequacy. This performance reflects a challenging environment for fintech lenders, emphasizing the need for robust risk management and diversified revenue streams to navigate economic fluctuations effectively.