NPST achieves 264% growth in Q2 profit, announces move to mainboard

Performance Snapshot                                                     

• NPST posted a cumulative gross of Rs 129.11 crore successful the archetypal 2 quarters of FY25, representing 99 per cent of the full gross recorded for FY24 (Rs 130 crore).
• For Q2 FY25, the institution recorded gross of Rs 68.91 crore, marking 142 per cent maturation compared to the corresponding 4th successful the past fiscal year.
• In Q2 FY25 EBITDA registered 167 per cent growth, reaching Rs 25.35 crore, up from Rs 9.50 crore successful the corresponding 4th of the erstwhile year.
• Net nett successful Q2 FY25 surged to Rs 18.19 crore, up from Rs 5 crore successful the corresponding 4th of the erstwhile year, representing a 264 per cent increase.
• In the archetypal fractional of FY25, nett net surged by 104 per cent, rising to Rs 33.78 crore, up from Rs 16.55 crore successful the erstwhile year.

Network People Services Technologies Limited (NSE EMERGE – NPST), a starring supplier of integer banking and outgo exertion solutions listed connected the NSE SME exchange, has reported beardown fiscal results for Q2 and the half-year of FY 2025. In Q2 FY25, the institution registered Rs 68.91 crore successful revenue, marking important maturation of 142 per cent compared to the aforesaid 4th successful the erstwhile fiscal year. For the half-year FY25, NPST achieved Rs 129.11 crore successful revenue, reflecting an awesome maturation of 68 per cent compared to the corresponding play successful FY24.

The company’s nett net successful Q2 FY25 surged to Rs 18.19 crore, up from Rs 5 crore successful the corresponding 4th of the erstwhile year, representing an awesome 264 per cent increase. In the archetypal fractional of FY25, nett net surged by 104 per cent, rising to Rs 33.78 crore, up from Rs 16.55 crore successful the erstwhile year.

Additionally, the company’s Board of Directors has formally approved the company's modulation to a mainboard listing, representing a important milestone successful NPST’s ongoing maturation journey. 

The Board besides authorised the allotment of equity shares nether the NPST Employee Stock Option Plan 2023 with an purpose to fortify the company’s endowment pool, foster a performance-oriented culture, and physique a beardown enactment pipeline.

Other Business Initiatives

In Q2 FY 2025, NPST undertook respective concern initiatives to grow its marketplace presence. The institution launched PayJoy (an Instant Credit Line connected UPI) to code unmet user needs for embedded recognition to money discretionary spending. Additionally, NPST introduced the Risk Intelligence Decisioning Platform, which leverages instrumentality learning to foretell fraud successful the rapidly increasing online payments segment. Furthermore, NPST continues to grow its exertion footprint among Regional Rural Banks. The institution precocious partnered with a starring slope successful the conception to instrumentality its Bill Direct platform.

Speaking connected the results, Deepak Chand Thakur,  Co-Founder and CEO NPST, stated, “Our concern erstwhile again demonstrated a coagulated trajectory this quarter. The institution continues to execute the NPST 2.0 imaginativeness and its cardinal pillars — Innovate, Transform, and Grow. Our committedness to these principles is evident successful our highest-ever quarterly gross maturation and our caller launches aimed astatine addressing important achromatic spaces successful the market. With our determination to modulation to the Mainboard, we are poised to accelerate NPST’s improvement into a mid-market enterprise, positioning ourselves for sustained semipermanent growth.”

Commenting connected the company’s fiscal performance, Ashish Aggarwal, Co-Founder and Joint Managing Director of NPST, said, “Over the past 3 years, we person demonstrated accordant show against a backdrop of operational discipline, continued scale, and ongoing innovations. The Board’s support to modulation to the mainboard validates our strategy and positions america for aboriginal growth.”

Financial Summary

*Figures successful crores

NPST’s ngo is to present fiscal exertion solutions crossed the fiscal worth concatenation — serving banks, fintech’s, and different manufacture players — and to thrust the maturation of the integer payments ecosystem. NPST supports implicit 100+ customers, and processes 60+ cardinal transactions daily, advancing businesses, individuals, communities, and economies done its innovative solutions.  For details, delight visit https://www.npstx.com/.

Media Contact
Vanita D’souza
Manager – Corporate Communications
Email Id: [email protected]

(This nonfiction is portion of IndiaDotCom Pvt Lt’s sponsored feature, a paid work programme. IDPL claims nary editorial engagement and assumes nary work oregon liability for immoderate errors oregon omissions successful the contented of the article.)