Perfios FY24: Profit Jumps 819% To INR 71.7 Cr

SUMMARY

Revenue from operations jumped 37.1% to INR 557.8 Cr during the year under review from INR 406.8 Cr in FY23

Founded in 2008, Perfios provides software solutions to financial institutions for credit decisioning, analytics, onboarding automation, due diligence, among others

In March this year, Perfios entered the unicorn club after raising $80 Mn from Teachers’ Venture Growth (TVG)

Fintech SaaS startup Perfios posted a 819.2% year-on-year jump in its consolidated net profit at INR 71.7 Cr in the financial year 2023-24 (FY24) on the back of a healthy growth in its topline and higher margins.

As Inc42 reported earlier, the company turned profitable in FY23, logging a consolidated net profit of INR 7.8 Cr.

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