InCred Finance Reports Robust FY25 Performance
Loan Book Surges to 12,384 Cr | PAT at 372 Cr | RoA at 3.6% | GNPA at 1.9%
by Prashant Kapadia/NHN
Mumbai, 14th May 2025: InCred Financial Services Limited (InCred Finance), one of India’s leading diversified NBFCs, announced its financial results for FY 2024–25, delivering a standout year across growth, profitability, and risk metrics.
The Company’s loan book grew 37% year-on-year to reach 12,384 Cr as of March 2025, with balanced contributions from Consumer Loans, Education Loans, and SME Lending.
Profit After Tax stood at 372 Cr, translating into a best-in-cl-ass Return on Assets (RoA) of 3.6%. Asset quality remained robust, with Gross NPA at 1.9% and Net NPA at 0.7%, reinforcing InCred’s disciplined underwriting and risk management.
Bhupinder Singh, Founder & Group CEO, InCred Finance, said, “FY25 was a defining year for InCred Finance — we delivered robust, well-balanced growth while maintaining best-in-cl-ass profitability and asset quality. These results are a testament to the maturity of our credit model and the sharp execution by our teams across verticals. We move forward with discipline, momentum, and a clear commitment to long-term value creation.”
About InCred Finance: InCred Financial Services Limited (‘InCred Finance’), the lending business of InCred Group was founded in 2016 by Bhupinder Singh InCred Finance is a new-age, tech and risk-analytics-focused lending institution, offering a diversified portfolio that includes Personal Loans, Student Loans and MSME Loans. The Company’s lending approach is built on the twin pillars of domain expertise and risk analytics, supported by a cutting-edge technological architecture that underpins all its operations and processes. InCred’s equity investors include marquee names such as KKR, ADIA, TRS, OAKS, Moore Capital, Elevar Equity, Manipal Group among others.