CRED Slashes Operating Loss to Rs 298 Cr in FY25 Amidst Strong Revenue Growth

• Fintech platform CRED significantly reduced its operating loss to Rs 298 crore in FY25, down from Rs 609 crore in FY24.
• The company's total losses also narrowed by 11.5% to Rs 1,457 crore during the fiscal year.
• Consolidated operating revenue surged by 16% to Rs 2,735 crore in FY25, driven by product portfolio expansion and member engagement.
• CRED achieved a gross margin of approximately 70% and saw its monthly transacting users (MTU) increase by 14.5% to 1.26 crore.
• The platform's total payment value (TPV) grew 23% year-on-year to Rs 8.5 lakh crore, with an ARPU of Rs 2,000, and its lending AUM reached Rs 22,000 crore.

Why It Matters: CRED demonstrated strong financial performance in FY25, significantly narrowing losses and boosting revenue.