NPCI Net Profit Soars 42% to ₹1,552 Crore in FY25
The National Payments Corporation of India (NPCI) has recorded a sharp 42% increase in its net profit for the financial year 2024–25, clocking ₹1,552 crore. Alongside this, its total revenue surged to ₹3,270 crore, marking a 42% year-on-year rise. The numbers underline NPCI’s central role in India’s digital payments revolution and its growing stature globally.
UPI and Other Platforms Drive Revenue Growth
The growth was fueled primarily by the increased adoption of NPCI’s core platforms such as UPI (Unified Payments Interface), IMPS (Immediate Payment Service), RuPay cards, Bharat BillPay, AePS (Aadhaar Enabled Payment System), and NACH. UPI alone continues to account for a majority of transaction volumes, processing billions of monthly payments and becoming a global benchmark in instant digital transfers. Bharat BillPay, too, has seen sharp adoption across urban and rural demographics for utility bill payments and subscriptions.
Fee collections from member banks and fintechs using NPCI infrastructure significantly contributed to the revenue. Additionally, NPCI’s licensing arrangements that allow the use of UPI and RuPay in countries such as Singapore, UAE, and France added another layer of revenue diversification, enhancing India’s global digital influence.
Strong Foundation for Future Expansion
With its profit and revenue base expanding rapidly, NPCI is now well-positioned to reinvest into technological infrastructure. This includes further scaling its transaction handling capacity, fortifying cybersecurity layers, and supporting innovations like offline UPI, contactless payments, and enhanced merchant acceptance tools. Strategic initiatives such as the National Common Mobility Card (NCMC) are also expected to see a push.
NPCI’s focus on financial inclusion remains unwavering, with AePS and Bharat BillPay continuing to serve India’s semi-urban and rural population by bringing banking and bill services to doorstep-level convenience.
Outlook and Strategic Priorities
Going forward, NPCI aims to deepen its international presence, develop robust cross-border remittance solutions, and expand RuPay card acceptance in new geographies. It is also exploring AI-driven risk mitigation tools and scalable APIs to future-proof the country’s digital transaction backbone.
