CoinDCX, India’s premier cryptocurrency exchange, has announced a net profit of ₹1.7 crore for the fiscal year 2024-25 (FY25), a robust 15% increase over its ₹1.5 crore profit in FY24. This marks a significant milestone in the company’s growth journey amid rising crypto adoption in India.
Revenue and Profit Growth:
The profit surge was fueled by a 43% rise in operating revenue to ₹559.6 crore, driven by transaction fees on CoinDCX’s platform enabling crypto trading for over 2 crore users. Including other income sources, total revenue jumped nearly 45% to ₹571.9 crore. Despite a 48% rise in expenses, improved operational efficiency helped the company maintain profitability.
Resilient Amid Challenges:
In 2025, CoinDCX faced a high-profile $44 million security breach, one of the largest in India’s crypto history. Yet, the company swiftly absorbed the loss from internal reserves without affecting user funds and strengthened its platform security. Leadership changes followed, emphasizing the exchange’s commitment to trust and resilience.
Market Leadership and Future Outlook:
As India’s crypto market expands rapidly, CoinDCX’s strong financial performance highlights its position as a market leader. With a significant user base and vast asset offerings, the exchange is poised for continued growth, further supported by an improving regulatory environment and rising investor confidence.
Conclusion:
CoinDCX’s ₹1.7 crore profit in FY25 underscores a promising future for cryptocurrency in India. The exchange’s ability to grow revenues, maintain profitability, and navigate challenges reflects its strategic vision and operational strength in a dynamic market.
