<ul><li>Lendingkart Finance, the NBFC arm of Temasek-backed Lendingkart Group, reported a pre-tax loss of Rs 396 crore for FY25.</li><li>Net loss for Lendingkart Finance was Rs 288.3 crore due to shrinking revenues and increased loan loss provisions.</li><li>The company breached a bond condition requiring profitability, seeking a waiver from bondholders for breaching the covenant.</li><li>The company's financial deterioration reflects broader challenges in the fintech and NBFC lending sector, with declining credit disbursals and weakened asset quality.</li></ul>

Lendingkart Finance posts Rs 288 crore loss in FY25

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