The rise in the cost of capital acts as a drag on equity valuations. However, double-digit earnings growth of corporates in the listed space recouped the drag on valuations due to higher interest rates delivering overall flattish returns.
CoinSwitch swings to profitability in FY26 as crypto platform’s revenue climbs 150% to Rs 324 crore
CoinSwitch achieved profitability based on Adjusted EBITDA for FY26, with revenue growth of 150%. The company’s revenue reached Rs 324.19 crore, leading to an Adjusted