NPCI’s FY26 Profit Drops 32% YoY To ₹989 Cr As Tax Outgo, BHIM Loss Surge

The National Payments Corporation of India’s (NPCI’s) consolidated net profit fell 32.4% to ₹989.4 Cr in the financial year ended March 2026 from ₹1,463.2 Cr in FY25, as a sharp rise in tax expenses offset growth in its pre-tax profit. The payments infrastructure operator’s revenue from operations grew 21.8% to ₹4,240 Cr in FY26 from ₹3,480.8 Cr in the previous fiscal year, according to its annual report. Including other income of ₹632.6 Cr, total income rose 20% YoY to ₹4,872.6 Cr in FY26.