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The Economic Times
The Economic Times
Business
Kumar Gaurav

CoinSwitch swings to profitability in FY26 as crypto platform’s revenue climbs 150% to Rs 324 crore

CoinSwitch Crypto Ashish Singhal Kumar Gaurav SEBI

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.

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