Digital lending startup Fibe, formerly known as Early Salary, reported a consolidated net profit of ₹257.5 crore for fiscal year FY26, more than doubling from ₹113.7 crore in FY25, according to inc42.com. The company’s operating revenue rose 31% to ₹1,584.5 crore from ₹1,208.9 crore the previous fiscal, while total income including other sources reached ₹1,601.5 crore.
Fibe’s financial growth was driven by an expansion of its lending portfolio, with total loans on its books increasing 64% year-on-year to ₹5,020.3 crore from ₹3,052.9 crore in FY25. Interest income, the largest revenue source, grew 33% to ₹1,023.2 crore, while fee and commission income increased 26% to ₹393.6 crore. Income from guarantee premiums rose 41% to ₹146.3 crore, becoming the fastest-growing revenue stream. Total expenses increased 19% to ₹1,231.5 crore, reflecting higher finance costs, employee expenses, and operating expenditures.
The company’s profit margins improved significantly, with net profit margin expanding to 16.3% in FY26 from 9.4% a year earlier. This performance comes ahead of Fibe’s planned initial public offering (IPO). The growth in non-interest income streams alongside lending highlights a diversification in Fibe’s revenue mix. The company’s financial results position it strongly among digital lending startups in India, reflecting a robust lending portfolio and improved profitability.
Fibe’s total loans outstanding stood at ₹5,020.3 crore as of FY26, marking a 64% increase year-on-year, according to inc42.com. The company’s next major milestone will be its IPO filing, expected to provide further insights into its growth trajectory and market positioning.