OfBusiness Exports Surge Past ₹2,500 Cr in FY26, Driven by Global Diversification

OFB Tech Ltd (OfBusiness), the SoftBank-backed technology-led supply chain and financing platform for small businesses, reported its exports more than doubled to over ₹2,500 crore in FY26.

This significant increase now accounts for 12% of the company’s consolidated revenue, marking a substantial expansion of its global footprint.

Global Market Diversification Fuels Growth

The company’s export footprint has expanded to over 70 global markets, including key regions such as the United States, the United Kingdom, the European Union, Japan, and Australia.

This growth is primarily driven by global buyers diversifying their sourcing away from China, coupled with India’s strengthening position as a manufacturing and sourcing hub.

Further impetus is anticipated from new trade agreements, specifically the India-UK Free Trade Agreement, which became effective on July 15, 2026. This agreement is expected to particularly boost exports in textiles and apparel, a core category for OfBusiness.

Strategic Expansion and Future Outlook

OfBusiness currently supplies seven of the world’s top 10 apparel retailers. The company is actively expanding its sourcing and manufacturing capabilities in Bangladesh and domestically within India to meet growing demand.

Looking ahead, OfBusiness expects continued momentum in exports throughout FY27, with the United States projected to remain its largest export market. The company also anticipates its food processing exports to double once more in FY27.

In a recent development, OfBusiness has initiated the export of bulk chemicals to markets across South Asia and the Middle East, signaling further diversification of its export portfolio.

FY26 Financial Performance

Alongside its strong export performance, OfBusiness reported a consolidated revenue of ₹20,645 crore for FY26. The company also achieved a profit after tax (PAT) of ₹724 crore for the same fiscal year.