<ul><li>Navi Finserv, led by Sachin Bansal, witnessed a 67% decline in net profit for FY25 ahead of its IPO debut in FY26.</li><li>The decline in profit was primarily due to a significant drop in other income from INR 707.9 Cr in FY24 to INR 18.8 Cr in FY25.</li><li>Despite the profit decline, Navi's operating revenue increased by 19% to INR 2,271.2 Cr in FY25 compared to INR 1,906.2 Cr in FY24.</li><li>Navi Finserv, a fintech startup founded in 2018, offers various financial services and has raised over $677 Mn in funding rounds.</li></ul>

IPO-Bound Navi Finserv’s FY25 Profit Tanks 67% To INR 222 Cr

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