InCred profit rises to ₹316.3 crore, revenue crosses ₹1,000 crore

Fintech unicorn InCred Financial Services posted almost a 162% jump in its consolidated net profit to ₹316.3 crore in the financial year 2023-24 (FY24) from ₹120.9 crore reported a year ago. Its operating revenue also crossed the ₹1,000 crore mark during the last fiscal, as per the unicorn’s financial statement accessed by Inc42.