NPST second-quarter net profit rises 34% to Rs 13.21 crore on 50% jump in total income

Network People Services Technologies Limited (NPST), a digital banking and payments technology company, has announced its results for the second quarter of financial year 2027. Total income rose 50 per cent year on year and net profit rose 34 per cent. In the first half of the financial year, total income grew 60 per cent to Rs 134.37 crore.

The company declared unaudited consolidated results for the second quarter and first half ended September 30, 2026. Total income in the second quarter was Rs 72.95 crore, against Rs 48.68 crore in the same quarter of the previous financial year, a rise of 50 per cent. It is 19 per cent higher than the first-quarter income of Rs 61.42 crore.

Revenue from operations rose 45 per cent year on year and 20 per cent quarter on quarter to Rs 67.74 crore. EBITDA was Rs 15.99 crore, with a margin of 26.60 per cent. EBITDA rose 17 per cent year on year and 15 per cent quarter on quarter. Profit before tax rose 26 per cent year on year to Rs 16.94 crore.

Net profit for the second quarter was Rs 13.21 crore, against Rs 9.84 crore a year earlier, a rise of 34 per cent. It was 20 per cent higher than the previous quarter's Rs 11.05 crore. Earnings per share (EPS) for the quarter was Rs 6.34, against Rs 5 a year earlier, a rise of 27 per cent.

Total income in the first half was Rs 134.37 crore, against Rs 83.76 crore in the first half of the previous financial year, a rise of 60 per cent. Revenue from operations rose 55 per cent to Rs 124.22 crore. EBITDA rose 27 per cent to Rs 29.84 crore and profit before tax rose 36 per cent to Rs 31.43 crore. Net profit rose 42 per cent to Rs 24.26 crore, from Rs 17.06 crore a year earlier. EPS rose from Rs 8.70 to Rs 11.63.

Commenting on the results, NPST co-founder and Chief Executive Officer Deepak Chand Thakur said the strategy designed for the TSP business was beginning to show good results. He said the company was expanding its presence in global markets as well as in India. Given the growing opportunities in digital payments and banking, further expansion of the TSP business is expected.

Thakur said the decision to build a subscription-based model called "Bank-in-a-Box" had opened up big opportunities for small and mid-sized banks. He also said the company was focusing on building capabilities in DPDP compliance and risk intelligence in the regtech segment.

NPST co-founder and Joint Managing Director Ashish Agarwal said the growing use of digital transactions in India and the government's push for digitisation were creating new opportunities for payment technology companies. In October 2026, UPI recorded 25.47 billion transactions, a record and 23 per cent higher than a year earlier.

Agarwal said the risk of financial fraud was also growing with digital transactions, which made secure payment systems, fraud-prevention systems and compliance with data protection rules important. According to him, NPST offers payment infrastructure and artificial intelligence-based fraud control systems on a single platform, helping financial institutions expand secure digital transactions.