Manipal Payment & Identity Q1 FY27 Revenue up 48% to ₹419 Cr, PAT up 129%

Manipal Payment and Identity Solutions Ltd. (MPi) announced its unaudited financial results for Q1 FY27, reporting a strong start to the fiscal year. Consolidated revenue from operations surged by 47.8% year-on-year to ₹419.0 crore, driven by robust domestic and international business growth. The international business now contributes 15.3% of revenue, up from 3.9% in Q1 FY26. Operational EBITDA increased by 44.1% to ₹124.2 crore, with an EBITDA margin of 29.6%. Profit After Tax (PAT) saw a significant jump of 129.1% to ₹77.7 crore, resulting in an improved PAT margin of 18.3% from 11.6% in the prior year's quarter. The company also highlighted its successful IPO, raising ₹805 crore, with ₹238 crore earmarked for capacity expansion.