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True Balance
  1. True Balance

True Balance-logoTrue Balance-logo
True Balance

True Balance - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Private
Balancehero India Private Limited
Private
Balancehero India Private Limited
2014
2014

Founded in 2014, True Balance is a full-stack fintech platform. The soonicorn offers mobile-first financial services, including digital lending for quick loans, and payment services for recharges and ...

Funding stage:

Undisclosed

Last funding:

24/11/2024

Total funding:

$170.54 Mn+

Revenue:

₹164.2 Cr+ (FY24)
Prev. FY

Investors

Employee count:

193

Last 90d

193

Last 90d

Web traffic:

78.77K

78.77K

Last 30d

Last 30d

Glassdoor Rating:

True Balance: Financial Breakdown

Decoding financial health metrics of True Balance

  • total_revenue_logo
    Total Revenue
    ₹164.2 Cr
    34%

    Prev. FY

  • total_expenses_logo
    Total Expenses
    ₹95.7 Cr
    21%

    Prev. FY

  • profit_after_tax_logo
    Profit After Tax
    ₹101.0 Cr
    135%

    Prev. FY

  • total_assets_logo
    Total Assets
    ₹395.6 Cr
    35%

    Prev. FY

  • net_profit_margin_logo
    Net Profit Margin
    61.5%
    74%

    Prev. FY

Note: Above mentioned stats are for FY23-24

FAQs on Financials of True Balance

Yes. In FY24, True Balance reported a profit after tax of ₹135.7 Cr, making it profitable.

True Balance's revenue grew 55.6% year-on-year, from ₹432.6 Cr in FY23 to ₹673.2 Cr in FY24.

True Balance's estimated EBITDA for FY24 was ₹186.5 Cr, derived from its profit before tax, finance costs, and depreciation & amortisation.

In FY24, True Balance posted revenue of ₹673.2 Cr (up 55.6% YoY) and a profit after tax of ₹135.7 Cr. Explore the full financials of True Balance here...

Disclaimer

Inc42 Datalabs consolidates intelligence from public records, statutory filings, proprietary research, and vetted third‑party datasets. All information is provided as is—please run your own checks before acting on it. Inc42 Datalabs bears no responsibility for decisions or outcomes based on this data.

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