FinanceMediaNamaabout 1 hour ago
NPCI Profit Drops 32% as BHIM Losses Widen
1 min read
The National Payments Corporation of India reported a 32% decline in net profit to Rs 989.4 crore for FY26. Revenue from operations grew 22% to Rs 4,240 crore. The loss for its BHIM subsidiary surged nearly sixfold to Rs 390.6 crore. Higher marketing expenses and a 20-fold increase in data centre rental costs weighed on the bottom line.
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