Lendingkart Finance Reports Massive Loss in FY25: What Went Wrong?
Lendingkart Finance, the digital lending arm of the Temasek-backed Lendingkart Group, has hit a financial rough patch. For the financial year ending March 2025, the company reported a net loss of ₹288.3 crore—marking a dramatic turnaround from the ₹60 crore profit it enjoyed just a year ago.
The loss before tax ballooned to…
Suzano SA, the world’s largest wood pulp supplier based in São Paulo, reported a substantial loss of BRL 3.77 billion ($680 million) for the quarter ending June, marking the company’s largest quarterly loss since 1998. This loss starkly contrasts with the BRL 5.1 billion profit reported during the same period last year. Analysts had projected a profit of BRL 2.13 billion, according to…
