NPCI reports 42% jump in FY25 profit; revenue grows to Rs 3,270 crore

The National Payments Corporation of India (NPCI), which operates India’s homegrown Unified Payments Interface (UPI), reported a 41.7% jump in its net profit to Rs 1,552 crore for fiscal year 2025, according to data from rating agency ICRA.

As a not-for-profit organisation, NPCI does not report profits, but instead refers to them as a revenue surplus.

For the financial year ended March 2025, NPCI’s standalone revenue rose 19% to Rs 3,270 crore from Rs 2,749 crore in FY24. Healthy internal accruals pushed up its net worth to Rs 6,412 crore as of…