<ul><li>Analog Legalhub, parent of Credgenics, recorded a net profit of Rs 8.38 crore in FY24, marking a reversal from the loss of Rs 12.62 crore in FY23.</li><li>Total revenue increased by 72.38% year-on-year to Rs 155.58 crore in FY24, driven by the growing adoption of digital debt collection and resolution tools.</li><li>Employee benefit expenses rose by 49.86% year-on-year to Rs 61.10 crore in FY24, while other expenses increased by 42.54% to Rs 85.64 crore.</li><li>Credgenics, founded in 2018, offers a SaaS-based platform for efficient loan collections and debt recovery. It raised $50 million in a Series B funding round last year.</li></ul>

Credgenics parent posts Rs 8.38 Cr profit in FY24

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