Kreon Financial Services Q1 FY27 Profit Surges 1219% to ₹4.75 Cr

Kreon Finnancial Services Ltd has reported strong financial performance for the quarter ended June 30, 2026 (Q1 FY27). Revenue from operations grew by 46.0% to ₹14.79 crore, and total income increased by 34.4% to ₹15.80 crore. Profit Before Tax (PBT) saw a significant jump of 613.4% to ₹5.85 crore, while Profit After Tax (PAT) surged by 1,219.4% to ₹4.75 crore. Earnings Per Share (EPS) rose by 1,205.6% to ₹2.18. This growth is attributed to business expansion, higher transaction volumes, operating leverage, and a change in the Expected Credit Loss process. The company's flagship platform, StuCred, has disbursed ₹109 crore in Q1 FY27, with cumulative disbursements crossing ₹1,100 crore. The number of students receiving credit also increased by 19.1% to 2,03,527. Kreon is transforming into a technology-driven fintech platform focused on student finance.