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Economic Times

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Image Credit: Economic Times

Lender Oxyzo’s revenue rises 34% to Rs 1,207 crore in FY25; net profit up 17%

  • Oxyzo Financial Services, the lending arm of OfBusiness, saw a 33.6% rise in operating revenue to Rs 1,207 crore in FY25 with interest income contributing significantly.
  • The net profit of Oxyzo increased by 16.7% to Rs 339.1 crore compared to the previous fiscal year, reflecting a positive growth trend.
  • Majority-owned by OfBusiness, Oxyzo provides credit facilities and works closely with the parent platform that offers an ecommerce platform for sourcing raw materials.
  • Total expenses of Oxyzo rose by 46% in FY25 to Rs 754.6 crore, with increased finance costs and employee benefit expenses affecting the overall financials.

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