Losses at Stashfin's parent widen over 5X in FY23 as employee costs surge

Losses at Stashfin's parent widen over 5X in FY23 as employee costs surge

StashFin founder & CEO Tushar Aggarwal

Digital lending platform Stashfin’s parent Morus Technologies has reported a wider annual loss for the financial year ended March 31, 2023, as a surge in employee-related expenses offset a more than doubling of its revenues.

Edited by: Pramod Mathew