Cashify Eyes Profit in FY26 Amidst Refurbished Smartphone Market Slowdown

Cashify, a company that buys and sells used phones, is doing well even though the overall market for used phones is shrinking.

Cashify expects its income to grow by a lot and its losses to shrink this year.

The company buys phones from people, fixes them up, and sells them in its stores and online.

The used phone market is slowing down because people are buying new phones in physical stores, which are more expensive.

Cashify plans to open more stores and sell other electronics like laptops.

They are also working with big companies to buy their old computers.

Cashify wants to become profitable by the end of next year.