INDIA MARKET LENS
◆ MixedQuarterly Results

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

A quarterly results development with market-wide reach.

29 Sept 2026 · Economic Times Markets

CoinSwitch achieved profitability based on Adjusted EBITDA for FY26, with revenue growth of 150%. The company's revenue reached Rs 324.19 crore, leading to an Adjusted EBITDA margin increase to 27%. Operating costs increased by 37%, contributing to improved operating leverage. The platform focused on expanding its active user base and educating newcomers about crypto.

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Period
FY26

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.