Mumbai-based fintech Easy Platform Services, owner of digital lending startup Zype, posted a consolidated profit after tax (PAT) of ₹5.3 crore in FY26, reversing a loss of ₹12.9 crore in FY25. The company’s consolidated total income rose 66.6% to ₹176.6 crore in FY26 from ₹106 crore the previous year, according to ratings agency ICRA.
The financial data was disclosed in ICRA’s rationale for assigning a provisional A-(SO) rating to pass-through certificates worth ₹8.07 crore issued by Nebula Trust 2026, a special-purpose trust for securitisation backed by personal loan receivables from Easy Platform’s NBFC subsidiary, Respo Financial Capital. Easy Platform’s total managed assets increased 63.5% to ₹621.2 crore in FY26 and further rose 28.5% to ₹798.4 crore in Q1 FY27. The company remained profitable in Q1 FY27, posting a provisional PAT of ₹6.1 crore on ₹66 crore income.
The fintech’s asset quality improved, with its gross stage 3 ratio—loans overdue by more than 90 days—declining to 2.2% in FY26 from 3% in FY25 and further to 1.7% in Q1 FY27. Its capital-to-risk weighted assets ratio (CRAR) increased to 33.3% in FY26 from 24.7% in FY25, though it moderated to 23.6% in Q1 FY27. These metrics indicate strengthening financial health amid rapid growth in managed assets.
Easy Platform’s performance highlights a turnaround in profitability and asset quality, supported by securitisation transactions and growth in lending assets. The company’s next financial update will cover the full FY27 results, reflecting its continued expansion and operational stability.