NPST Announces 68% FY25 Profit Surge and Global Expansion Driven by Tech Growth

Network People Services Technologies (NPST), a prominent digital payment and fintech infrastructure provider, has announced impressive financial results for the fiscal year 2025. The Mumbai-based company demonstrated significant growth, driven by its strategic emphasis on innovation, market expansion, and operational excellence, solidifying its upward trajectory in the fintech sector.
For FY25, NPST reported a substantial 68.09% year-on-year surge in profit after tax (PAT), which reached Rs 45.20 crore, a significant increase from Rs 26.89 crore in FY24. The company's revenues also saw a robust growth of 38.68% year-on-year, climbing to Rs 180.62 crore from Rs 130.55 crore in the previous fiscal year.
The fourth quarter of FY25 also reflected strong performance, with PAT growing 16.69% quarter-on-quarter to Rs 6.01 crore, up from Rs 5.15 crore in Q3 FY25. Q4 FY25 revenue increased by 20.93% quarter-on-quarter to Rs 28.11 crore, and EBITDA for the same period rose by 22.49% quarter-on-quarter to Rs 10.51 crore. In light of these results, the Board has recommended a final dividend of Rs 2 per share (face value Rs 10) for FY25, pending shareholder approval at the upcoming Annual General Meeting.
Deepak Chand Thakur, Co-founder and CEO of NPST, described FY25 as a pivotal year. "We launched a broad-based growth agenda anchored in our 'Innovate, Transform, and Grow' strategy to set the future course for our business," he stated. Thakur emphasized that the year was characterized by product innovation, a strong customer focus, a revitalized talent pipeline, and enhanced agility, all aimed at long-term organizational success. He added, "As we step into FY26, we are well-positioned to scale value delivery and deepen our engagement with customers."
Ashish Aggarwal, Co-Founder and Joint Managing Director of NPST, highlighted the consistency of the company's growth. "We have delivered strong revenue growth in FY25, our third year in a row," he noted. "The strength and sustainability of NPST's performance is a reflection of our business model that generates consistent recurring revenue, strong incremental margin, and healthy cash flow."
Savita Vashist, Co-founder and Executive Director of NPST, attributed the strong financial performance to an "innovation-led, execution-driven approach." She further announced, "Building on the positive momentum, we have strategically expanded into high-growth Middle East and North African (MENA) markets. The forward-looking move is aimed at scaling growth and broadening our impact, as we continue to execute against our strategy to deliver greater value across the payment ecosystem."
NPST's strategic initiatives in FY25 yielded several key business highlights. The company secured a major offline payments contract, receiving a large order from a major PSU bank to deploy its Qynx offline payments platform, encompassing QR and Soundbox solutions, under both OPEX and CAPEX models. A significant step in its international expansion was the establishment of a wholly owned subsidiary in Dubai, aimed at driving future growth across the MENA region.
Further strengthening its market position, NPST forged strategic partnerships, including one with Hyperface to enable banks to address the credit gap in the country through instant UPI-based credit access. The company also celebrated enterprise wins by securing multi-banking partnerships and repeat orders, which reinforce client confidence in NPST's platform reliability and service standards. There was also strong product adoption, with orders secured for its Risk Intelligence Decisioning Platform (RIDP), an AI/ML-based risk engine.
To support its innovation and business scalability, NPST increased its workforce strength by 20%. The company's leadership in the paytech space was affirmed through top accolades at the Bharat Fintech Summit 2025, Elets BFSI CXO Summit, and ET NOW Best BFSI Brands 2025 Awards.