Kreon Financial Services Returns to Profitability in FY26
Kreon Finnancial Services Limited held its 32nd Annual General Meeting, where the Chairman highlighted a significant turnaround in FY 2025-26. The company achieved profitable growth, with total income rising approximately 63% to ₹43.35 crore and revenue from operations growing by nearly 66% to ₹38.68 crore. Expenses increased by only 9%, demonstrating operating leverage. Kreon transitioned from a net loss of ₹4.14 crore in FY25 to a net profit of ₹7.26 crore in FY26. EBITDA improved from a negative ₹44 lakh to a positive ₹13.14 crore. The company's technology-led model, particularly its StuCred division, facilitated this growth by disbursing ₹357.61 crore across 18.9 lakh loans, with Assets Under Management growing by 65.5% to ₹49.17 crore. The Chairman emphasized the company's focus on creating enduring value through responsible lending, sound risk management, and strong governance.
Key Highlights
- Kreon returned to profitability in FY26 with a net profit of ₹7.26 crore.
- Total income surged 63% to ₹43.35 crore in FY26.
- StuCred disbursed ₹357.61 crore, with AUM up 65.5%.
- The company strengthened its capital position and operating model.
- Focus remains on responsible lending and enduring value creation.
Price Impact
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