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Lendingkart, a fintech company, reported a sharp 97% decline in its FY24 profit, which fell to INR 3.25 crore. The company faced challenges due to the economic slowdown and increased competition in the lending sector. Despite the profit decline, Lendingkart continues to focus on expanding its customer base and enhancing its digital lending platform. The company is exploring new growth strategies, including diversifying its product offerings and improving operational efficiency. The decline in profit reflects the tough market conditions, but Lendingkart remains committed to its long-term growth objectives.