Manipal Payment & Identity Solutions Q2 & H1 FY27 Revenue Up 40% YoY
Manipal Payment and Identity Solutions Limited (MPi) announced strong financial results for Q2 and H1 FY27, ending September 30, 2026. Revenue from operations for H1 FY27 reached ₹849.4 crore, a 40.3% year-on-year increase, while Q2 FY27 revenue grew 33.6% YoY to ₹430.4 crore. Profit after tax (PAT) for H1 FY27 was ₹158.6 crore, up 45.4% YoY, with Q2 FY27 PAT increasing 7.7% YoY to ₹80.9 crore. The company highlighted growth driven by core and emerging businesses, including international operations which now account for 12.8% of revenue. Key operational developments include the operationalization of the UK Personalisation Bureau and continued traction in Nigeria. MPi also noted investments in metal cards, secure authentication, and Smart Tagging & IoT solutions, anticipating strong performance in H2 FY27.
Key Highlights
- H1 FY27 revenue grew 40.3% YoY to ₹849.4 crore.
- H1 FY27 PAT increased 45.4% YoY to ₹158.6 crore.
- UK Personalisation Bureau became operational, aiding international expansion.
- Investments in premium payment solutions and IoT are driving growth.
- Company anticipates strong performance in H2 FY27.
Price Impact
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