| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 49.35 | 3.4% |
| Total Income | 461.34 | 1.3% |
| Expenditure | 432.89 | 0.8% |
| PBT | 28.45 | 9.7% |
| Net Profit | 23.11 | 9.3% |
| OPM | — | |
| NPM | 5.01% | 0.37pp |
| EPS | 2.78 | 9.4% |
Fino Payments Bank Reports 25% YoY Increase in Profit Before Tax for Q3’25 & 9M’25
30 Jan 2025 · 30 Jan 2025, 12:50 am
Summary
Fino Payments Bank released its results for the quarter ended 31st December 2024, showing a 25% YoY increase in profit before tax (PBT) and a 24% YoY contribution from the Digital Payment Business. The Bank achieved new heights and expanded capabilities, leading to its best quarter and strongest nine-month performance.
Key Highlights
- 1
25% YoY increase in profit before tax (PBT)
- 2
Digital Payment Business contributes 24% of revenue
- 3
33% YoY increase in total customer base
- 4
52% YoY growth in renewal income
- 5
39% YoY rise in average deposits
- 6
26+ crs UPI transactions processed in Dec’24, contributing 1.61% to overall UPI ecosystem volume
Management Comments
Rishi Gupta
CEO & Managing Director
I am delighted to share that we have once again delivered record-breaking quarterly revenue, reflecting the strength and sustainability of our evolving business model. As we continue to advance our strategic initiatives, we are placing a strong focus on building our platform around digital services. Customer ownership continues to remain key to our growth and monetisation aspirations. India is rapidly moving towards digital economy, and we remain at the fore front of this transformation. With more and more customers becoming digitally active and with more partner accretions on B2B, we will continue to invest in technology and risk management to build a robust digital ecosystem.
Ketan Merchant
Chief Financial Officer
We are thrilled to announce that we have achieved our 20th consecutive profitable quarter, reflecting the strength and resilience of our business model and the execution effectiveness of our Transaction, Acquisition and Monetization (TAM) strategy. Staying aligned with our revised revenue growth guidance for FY25, we have delivered an impressive 25.7% YoY revenue growth in the first nine months of the current fiscal. Operating leverage is a key for us and with digital growth our margins are improving due to economies of scale.
Informational and educational content only. Not investment advice.