Mintifi Records FY24 Triumph: 273% Profit Surge with INR 384 Cr Revenue
Mumbai-based supply chain fintech Mintifi has made waves in FY24 with a phenomenal financial performance, achieving a 273% jump in profit after tax (PAT) to INR 92.5 crore and marking an impressive revenue milestone of INR 384 crore from operations. The remarkable growth underscores Mintifi’s robust position in India’s fintech sector and its innovative approach to transforming supply chain financing.
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A Year of Unparalleled Growth
Mintifi’s FY24 figures highlight its successful scaling of operations. With a PAT of INR 92.5 crore compared to INR 24.8 crore in FY23, the fintech firm has witnessed a 3.7x increase in profitability. Its operational revenue soared by 164% from INR 145 crore in FY23 to INR 384 crore, showcasing its ability to capture significant market share in the growing supply chain Read more...