NPCI’s profit declines 32% to Rs 989 crore in FY26 as BHIM loss widens

The National Payments Corporation of India (NPCI), which operates India’s homegrown Unified Payments Interface (UPI), posted a 32% decline in its net profit to Rs 989.4 crore in the financial year 2025-26, as higher marketing spends and a surge in server costs on account of AI infrastructure demand weighed on its bottom line. Revenue from operations surged 22% to Rs 4,240 crore in FY26, compared to Rs 3,480.8 crore in the previous year, according to its annual financial statement .