Economic TimesLean R·
CoinSwitch swings to profitability in FY26 as crypto platform’s revenue climbs 150% to Rs 324 crore
Crypto investing and trading platform CoinSwitch turned profitable on an adjusted EBITDA basis in FY26, as revenue surged 150% year-on-year to Rs 324.19 crore, according to the company.Adjusted EBITDA rose more than 50-fold to Rs 86.38 crore in FY26 from Rs 1.65 crore a year earlier. The adjusted EBITDA margin consequently expanded to 27% from 1% in FY25.The company’s revenue increased by Rs 194.49 crore during the year, while operating costs rose by Rs 73.17 crore, or 37%, to Rs 270.07 crore. …
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