OfBusiness Reports 7% Revenue Decline and 21% Profit Rise in FY26 Ahead of Deferred IPO
SoftBank-backed OfBusiness reported a 7% decline in consolidated revenue to Rs 20,645 crore for FY26, while net profit rose 21% to Rs 724 crore. The company improved EBITDA margins to 4% from 2.6% and generated positive free cash flow, aided by manufacturing integration and exiting low-return segments. Its lending arm, Oxyzo, grew assets by 28% to Rs 11,800 crore. OfBusiness's planned $750 million to $1 billion IPO remains deferred, with a current valuation around $4 billion.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (65/100). Lens Score 40/100.
Outlets measured: businessstandard, economictimes. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (55–75/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 29 Jul, 08:30 am. Other outlets followed.
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