Q3 Result: Network People Services Technologies Ltd. (NPST), a digital banking and fintech infrastructure provider, reported sequential growth in the third quarter of FY26, with revenue rising to Rs 57.17 crore and profit after tax (PAT) increasing to Rs 11.54 crore.
On a year-on-year basis, revenue for the quarter grew 145.93% to Rs 57.17 crore compared to Q3 FY25. The performance was driven by strong execution across payment infrastructure, risk management and bank-led digital platforms.
EBITDA recorded a strong 118.30% year-on-year growth, rising to Rs 18.74 crore from Rs 8.59 crore in Q3 FY25
Financial Highlights for Q3FY26-QoQ
- Revenue stood at Rs 57.17 crore, up Rs 8.5 crore from Rs 48.67crore in Q2 FY26
- PAT grew Rs 1.70 crore quarter-on-quarter to Rs 11.54 crore, compared to Rs 9.84 crore in Q2 FY26
- EBITDA stood at Rs 18.74 crore, compared to Rs 15.64 crore in Q2FY26, an increase of 19.82%
Key Business Updates Q3 FY26
Banking and Payment Infrastructure
- Secured a mandate to acquire and operate a UPI switch for a large cooperative bank
- Launched QR-based acquiring in partnership with a Sponsor Bank for the Cooperatives Bank segment; Won the first order in this model
- Won a Hardware Security Module (HSM) implementation order from a central payment body
- Emerged as the lowest bidder for eFRM implementation in Africa and the Middle East for central payment body
Payments Platform-as-a-Service (PPaaS)
- Signed 2 private banks and 1 cooperative bank for PPaaS services
- Recorded ~60% QoQ incremental order value growth in QR and Soundbox solutions
- Onboarded one NBFC for Pay-In services and onboarded a lending platform to co-sell PPaaS offerings to NBFCs
Incorporated in 2013, NPST is a leading fintech firm in India, listed on the NSE and the BSE. It specializes in UPI payments and digital banking and operateas both a Technology Service Provider (TSP) and a Payment Platform as a Service Provider (PaaS). NPST supports 100+ customers and processes 50+ million transactions daily.
Network People Services Technologies shares closed 5 per cent lower at Rs 1169 on Friday (Feb 13).
