Kunal Shah steps down as promoter, board member of Cred on joining WhatsApp

However, the company is yet to declare a fully profitable financial year. There was Cred ₹2,535.7 crore revenue and net loss ₹1,692.1 crore in FY25, data accessed by Tofler showed. Shortly before his departure, Shah claimed that Cred recorded its first profitable quarter in January-March this year.