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

CoinSwitch, a cryptocurrency platform, has reported a significant increase in revenue for the fiscal year 2026, reaching Rs 324 crore, a growth of 150% compared to the previous year. This surge in revenue has led to the company's first profitable year, with an Adjusted EBITDA margin of 27%. The improved profitability is attributed to the company's focus on expanding its user base and educating newcomers about cryptocurrency, which has helped to increase operating leverage.

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CoinSwitch achieved profitability based on Adjusted EBITDA for FY26, with revenue growth of 150%. This could indicate a positive trend for the crypto industry and boost investor confidence.

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