Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Startups deepen profit focus in Dec quarter
Financial Express Pune
|February 10, 2026
BOTTOMLINES IMPROVE, REVENUE RISES
SEVERAL NEW-AGE TECHNOLOGY companies reported improving profitability in the December quarter, underscoring a continued shift away from growth at all costs strategies towards more sustainable business models.
Of the 12 major startups that have reported results for the October-December period so far, nine showed an improvement in their bottom lines, with most also posting double-digit revenue growth. Payments and fintech firms were among the strongest performers. MobiKwik swung to a profit of ₹4 crore in Q3 from a loss of ₹53 crore a year earlier, helped by sharply lower lending-related expenses. Pine Labs reported a profit of ₹42 crore compared with a loss of ₹57 crore in the year-ago period, as it continued to pivot towards softwate-led, higher-margin deals.
This story is from the February 10, 2026 edition of Financial Express Pune.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Pune
Financial Express Pune
Airtel earmarks ₹20K cr for digital lending
BHARTI AIRTEL PLANS to scale up its non-banking financial company (NBFC) subsidiary Airtel Money with a capital infusion of ₹20,000 crore over the next few years, according to an announcement by the telecom major on Monday.
1 min
February 24, 2026
Financial Express Pune
'Gilt funds offer a strong tactical opportunity'
Investors can take a tactical call on gilt funds due to attractive spreads, believes Vikas Garg, head — fixed income at Invesco Mutual Fund.
2 mins
February 24, 2026
Financial Express Pune
Luxury MPVs enter the fast lane
Sales in the ₹60-lakh-plus segment surge fivefold since 2020
2 mins
February 24, 2026
Financial Express Pune
Airtel arm, US NGO to roll out AI tools for teachers
BHARTI AIRTEL FOUNDATION has partnered with US-based nonprofit CK-12 Foundation to roll out over 45 Al-enabled tools for teachers through its digital platform, TheTeacherApp.
1 min
February 24, 2026
Financial Express Pune
US deal alone can’t ease global turmoil: FM
SHEADDED THAT
1 mins
February 24, 2026
Financial Express Pune
India braces for Hormuz shock
e Russian crude may return to play, feel analysts
3 mins
February 24, 2026
Financial Express Pune
LTIMindtree inks $100-mn deal with Europe firm
IT SERVICES COMPANY LTIMindtree on Monday said it has secured a $100-million, seven-year deal with a Europe-based medical technology company that provides hearing solutions.
1 min
February 24, 2026
Financial Express Pune
GDP likely grew 7.35% in Q3: FE poll
INDIA'S ECONOMY LIKELY recorded a growth rate of around 7.35% in the October-December quarter (Q3) of FY26, according to a Financial Express poll of economists.
2 mins
February 24, 2026
Financial Express Pune
Will capping credit card interest rates help?
The federal cap that Trump has proposed would, in theory, prevent issuers from gouging customers. But not everyone agrees it would be good for Americans
3 mins
February 24, 2026
Financial Express Pune
Corruption, bribe are Stalin’s real friends, alleges Vijay
TVK FOUNDER Vijay on Monday stepped up his attack on Tamil Nadu Chief Minister MK Stalin ahead of the high-stakes Assembly polls, alleging that the DMK president’s real friends were “bribery and corruption,’ and asserted that the upcoming elections were “a war between Vijay and Stalin”.
1 min
February 24, 2026
Listen
Translate
Change font size