CoinSwitch turns profitable in FY26 as revenue surges 150% to Rs 324 crore

CoinSwitch has achieved profitability on an Adjusted EBITDA basis in FY26, driven by strong revenue expansion. The platform's revenue climbed 150% to Rs 324.19 crore, while Adjusted EBITDA margin increased to 27%. Operating costs rose 37%, contributing to improved operating leverage.

The cryptocurrency exchange now serves over 2 crore users and supports more than 450 digital assets. The company has focused on expanding its active user base and educating new entrants about cryptocurrency investments.