Kissht Doubles Q2 Profit to Rs 125 Crore as AUM Hits Rs 9,317 Crore — Startup Funding India, October 2026

Digital lending platform Kissht has delivered a standout quarter: its listed parent, OnEMI Technology Solutions Limited, reported consolidated net profit of Rs 125.1 crore for Q2 FY27, up from Rs 62.4 crore a year earlier — a doubling of profit. The results, announced on 29 October 2026 for the quarter ended 30 September 2026, show startup funding in India increasingly rewarding profitable scale in fintech.

Growth with discipline

Operating revenue jumped 44.7% year on year to Rs 731.8 crore, while total income stood at Rs 740.3 crore including other income of Rs 8.5 crore. Assets under management grew 68% year on year and 16% sequentially to Rs 9,317 crore. Personal loans accounted for Rs 8,580 crore, or 92.1% of AUM, while loans against property contributed Rs 737 crore. Off-book loans originated through partner lenders made up Rs 5,118 crore, or 54.9% of AUM, across more than 45 active lending and co-lending partners.

Asset quality improved even as the book grew: gross non-performing assets fell to 2.18%, down 75 basis points year on year, with net NPA at 0.34%. The cumulative customer base crossed 12.80 million, up 22% year on year, and disbursements rose 56% to Rs 4,612 crore in the quarter.

Founded in 2015 by Ranvir Singh and Krishnan Vishwanathan, Kissht also strengthened its balance sheet: the board approved a Rs 624.1 crore investment in lending subsidiary Si Creva Capital Services, funded from the proceeds of a Rs 832.2 crore preferential issue.