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Results · 12 November 2026NPSTUPI and payments technpstx.com ↗

NPST revenue FY27: ₹72.95 Cr, net profit ₹13.21 Cr

NPST Q2 FY27 income jumps 50% to ₹73 crore

By · Editor ·

NPST revenue

NPST reported revenue of ₹72.95 Cr in FY27, with a net profit of ₹13.21 Cr, as reported by The Hindu BusinessLine on 12 November 2026.

NPST revenue
Revenue (FY27)₹72.95 Cr
Net profit (FY27)₹13.21 Cr
ThaneFounded 2013
  • NPST is a listed payments technology firm offering UPI solutions, merchant acquiring and regulatory tech products
  • Total income for the September quarter rose 50% to ₹72.95 crore and net profit grew 34% to ₹13.21 crore
  • Margins slipped to 23.6% as project costs surged, while new bank and telecom deals and a compliance platform were announced

What happened

  • Income rose 50% to ₹72.95 crore in Q2 FY27.
  • Net profit grew 34% to ₹13.21 crore.
  • EBITDA margin fell to 23.6% from 29.2%.
  • Half-year income hit ₹134.37 crore, up 60%.
  • Shares fell 3.7% on the day.

Why it matters

  • Direct costs jumped 98% on project execution.
  • Profit lagged revenue growth as a result.
  • New orders may lift later quarters.

The business

  • NPST offers UPI and payment solutions.
  • It acquires merchants and builds payment apps.
  • It sells RegTech products.
  • It launched a Compliance-in-a-Box platform.
  • It won a SuperApp deal with a telecom operator abroad.

In numbers

₹72.95 CrTotal income · Q2 FY27
₹13.21 CrNet profit · Q2 FY27

What happens next

  • Commercial launch of Compliance-in-a-Box in 2027

The numbers around it

Financial Services in November 2026: 5 rounds with a disclosed amount, $172 million in all; the biggest was Kissht (₹832 Cr). Every sector this year →

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Terms in this story

  • Mergers and acquisitions: An acquisition is when one company buys another, and a merger is when two companies combine into one. For most Indian startups a sale is a likelier exit than an IPO, and the Competition Commission of India (CCI) must approve deals that cross its asset, turnover or ₹2,000 crore deal-value limits.
  • Revenue from operations: Revenue from operations is what a company earns from its main business. Total income adds other income, such as interest on cash. When Indian outlets report different revenue for the same startup and year, they are often quoting one of these two lines.
  • Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.

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