NPST Posts 68% Jump in FY25 Profit, Expands Globally with Strong Tech-Led Growth

Mumbai, 31 May 2025 — Network People Services Technologies (NPST), a leading digital payment and fintech infrastructure provider, delivered strong performance in fiscal year 2025, with profit after tax (PAT) rising to ₹45.20 crore and revenues reaching ₹180.62 crore. The company’s strategic focus on innovation, market expansion, and operational excellence continues to accelerate its growth trajectory. 

Financial Highlights for FY25  

• PAT surged 68.09% year-on-year to touch ₹45.20 crore, up from ₹26.89 crore in FY24.
• FY25 revenue recorded a 38.68% year-on-year increase, growing to ₹180.62 crore, compared to ₹130.55 crore in FY24.
• Q4 FY25 PAT grew 16.69% quarter-on-quarter to ₹6.01 crore, up from ₹5.15 crore in Q3 FY25.
• Q4 FY25 revenue increased 20.93% quarter-on-quarter to ₹28.11 crore.
• EBITDA for Q4 FY25 rose 22.49% quarter-on-quarter to ₹10.51 crore.

The Board has recommended a final dividend of ₹2 per share (face value ₹10), for FY25, subject to shareholder approval at the upcoming Annual General Meeting. 

“FY25 was a pivotal year for NPST. We launched a broad-based growth agenda anchored in our ‘Innovate, Transform, and Grow’ strategy to set the future course for our business,” said Deepak Chand Thakur, Co-founder and CEO of NPST. It was a year driven by product innovation, strong customer focus, revitalized talent pipeline, and enhanced agility – directed towards long-term organizational success. As we step into FY26, we are well-positioned to scale value delivery and deepen our engagement with customers.”

Ashish Aggarwal, Co-Founder and Joint Managing Director, NPST, added; “We have delivered   strong revenue growth in FY25, our third year in a row. The strength and sustainability of NPST’s performance is a reflection of our business model that generates consistent recurring revenue, strong incremental margin, and healthy cash flow.”

“Our strong financial performance in FY25 reflects NPST’s focus on an innovation-led, execution-driven approach,” said Savita Vashist, Co-founder and Executive Director of NPST. “Building on the positive momentum, we have strategically expanded into high-growth Middle East and North African (MENA) markets. The forward-looking move is aimed at scaling growth and broadening our impact, as we continue to execute against our strategy to deliver greater value across the payment ecosystem.”  

Key Business Highlights 

• Major Offline Payments Contract: Secured a large order value from a major PSU bank to deploy the Qynx offline payments platform—encompassing QR and Soundbox—under both OPEX and CAPEX models.
• International Expansion: Established a wholly owned subsidiary in Dubai to drive future growth across the MENA region.
• Strategic Partnerships: Partnered with Hyperface to enable banks address credit gap in the country via instant UPI-based credit access.
• Enterprise Wins: Secured multi-banking partnerships and repeat orders, reinforcing client confidence in NPST’s platform reliability and service standards.
• Product Adoption: Secured orders for the Risk Intelligence Decisioning Platform (RIDP), an AI/ML-based risk engine, further expanding the platform’s footprint.
• Talent Growth: Increased workforce strength by 20% to support innovation and business scalability.
• Industry Recognition: Garnered top accolades at Bharat Fintech Summit 2025, Elets BFSI CXO Summit, and ET NOW Best BFSI Brands 2025 Awards, affirming NPST’s leadership in the paytech space.