Lending Platform Kissht Reports Profit Growth in Second Quarter

OnEMI Technology Solutions, the parent company of the digital lending platform Kissht, reported a significant increase in its financial performance for the second quarter of the 2027 fiscal year. The company saw its consolidated net profit double compared to the same period in the previous year.

September Quarter Results

For the quarter ending in September, Kissht reported a consolidated net profit of ₹125.1 crore. This figure represents a 100.4% increase from the ₹62.4 crore profit recorded during the same period in fiscal year 2026. Operating revenue for the company also rose, reaching ₹731.8 crore, a 44.7% increase from the ₹505.7 crore reported in the second quarter of the previous fiscal year.

Sequential Growth and Expenses

When compared to the preceding quarter, net profit grew by 31.6% from ₹95.1 crore, while operating revenue increased by 9.3% from ₹669.5 crore. The company’s total income for the quarter reached ₹740.3 crore, a figure that includes ₹8.5 crore in other income. Total expenses for the period rose by 34.9% to ₹586 crore, up from ₹434.5 crore in the second quarter of fiscal year 2026.

Strategic Investment

Alongside the financial results, the company board approved a capital infusion for its lending subsidiary, Si Creva Capital Services. The board authorized an investment of ₹624.1 crore into Si Creva through a rights issue. Founded in 2015 by Ranvir Singh and Krishnan Vishwanathan, Kissht provides various digital lending products, including personal loans and loans against property.

Financial Standing

Kissht maintains a strong upward trajectory in both profit and revenue as it expands its lending operations. The approval of the significant investment into its subsidiary indicates a focus on scaling its credit business further. Why it matters: This performance highlights the continued growth of digital lending platforms in emerging markets, demonstrating how technology-driven credit products are scaling rapidly and attracting significant capital investment.