Navi’s FY26 losses up fourfold to Rs 466 crore on massive UPI push

Navi’s consolidated net loss widened nearly fourfold to Rs 466 crore in FY26. The company increased spending on UPI and newer businesses to build revenue beyond lending. Despite this, revenue from operations rose 16% to Rs 2,982 crore. Navi now expects to turn in profits in the next financial year.