Kissht bets on secured LAP loans as Q1 FY27 profit rises 59%
Kissht reported Q1 FY27 net profit of ₹95.1 crore on operating revenue of ₹669.5 crore, while credit costs fell to 6.8% of AUM. The lender is expanding loans against property to diversify beyond unsecured personal loans, targeting LAP break-even by Q3 FY27.
Kissht is prioritising higher-quality borrowers, lower credit costs and secured loans against property after strong Q1 FY27 growth. It aims for LAP break-even by Q3 FY27, while lower funding costs, operating leverage and cross-selling support its broader financial-services expansion.
Why this matters
The result follows recent signals that Kissht posted about ₹670 crore in Q1 FY27 revenue and 58% YoY profit growth, while its move into loans against property shows diversification beyond unsecured personal loans.
Retail-company signals are accelerating, up 218800% QoQ.