NPST Q1 FY 25 results: Net profit surges by 202%, marking best-ever quarterly performance

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Performance Snapshot

• The company achieved a record quarterly revenue of ₹60 crore, marking a 34.5% sequential growth and a 142.2% increase compared to the same quarter last year.
• NPST achieved 46% of FY24's total income in Q1 FY25, setting a solid foundation for the rest of the fiscal year.
• Profit Before Tax (PBT) jumped to ₹21 crore, up from ₹6.2 crore in the previous year, an impressive 238.7% increase.
• The company’s net profit recorded a 202.96% growth, reaching ₹15.62 crore from ₹5.15 crore.
• The company's Q1 FY25 net profit reached 58% of the total net profit for FY24, setting a new benchmark and indicating a promising future outlook.
• This is the highest quarterly performance since its listing on NSE in August 2021.

NPST attributes its substantial topline growth to the growing demand for efficient digital payment operating models, such as Payments Platform as a Service (PPaaS) among Payment Aggregators, Payment Gateways, and Merchants. The operationalisation of key customer accounts, infrastructure upgrades to manage increased transaction volumes, and improved delivery execution within the Technology Service Provider (TSP) business that caters to banks were also instrumental in this growth.