PayU India clocks $397 Mn revenue in H1 FY26

PayU India, the payments and fintech arm of Prosus, reported 20% year-on-year revenue growth during the six months ended September 2025, while adjusted EBITDA margins improved from -6% to breakeven, turning profitable in Q2 FY26. 

PayU India’s revenue from operations increased to $397 million in H1 FY26 from $331 million in H1 FY25, according to the Prosus annual report.

The payments business remained the main driver, posting 20% growth to $301 million. The expansion was fuelled by a 55% jump in payment transactions, led by UPI, along with a deeper…