CryptoET Techabout 2 hours ago
CoinSwitch Turns Profitable as Revenue Jumps 150%
4 min read
CoinSwitch reported FY26 revenue of Rs 324.19 crore, up 150% year-on-year, and swung to profitability on an adjusted EBITDA basis. Adjusted EBITDA rose more than 50-fold to Rs 86.38 crore, with margin expanding to 27% from 1%. Operating costs grew 37% to Rs 270.07 crore, improving operating leverage for the Indian crypto platform.
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