Airtel Payments Bank Q1 Net Profit up 44.4% to ₹10.4 Cr

• Airtel Payments Bank’s Q1 FY26 net profit rose 44.4% YoY to ₹10.4 crore, with revenue up 27.5% to ₹777.4 crore.

• The bank operates 5 lakh active banking points and is the leading issuer of RuPay On-The-Go NCMC cards with 3.3 million users.

• MD & CEO Anubrata Biswas credited growth to strong operating performance, customer trust, and safety-focused initiatives like the Safe Second Account.

Airtel Payments Bank on Tuesday reported a 44.4% rise in net profit for June quarter at ₹10.4 crore backed by growth across key performance metrics, as the bank crossed ₹3,000 crore in 'annualised revenue'.

For Q1 FY26, Airtel Payments Bank posted revenue of ₹777.4 crore, up 27.5% year-on-year, according to a company statement.

The net profit rose 44.4% to ₹10.4 crore, it added.

"The bank's annualised revenue crossed ₹3,000 crore, making it one of the fastest-growing digital banks in the country," it said.

The EBITDA stood at ₹81.8 crore, a 30% year-on-year growth driven by "strong operating performance and rapid customer adoption", said the bank which currently operates 5,00,000 active banking points.

Customer deposits grew 27.2% year-on-year to ₹3,743 crore, and the Bank’s annualised gross merchandise value (GMV) stood at ₹4,260 billion (₹4,26000 crore).

"We are pleased to report a strong start to FY26, marked by consistent growth across all key performance metrics. Crossing the ₹3,000 crore annualised revenue milestone is a testament to the strength of our business model and the trust customers place in us," Anubrata Biswas, MD and CEO, Airtel Payments Bank, said.

Biswas added: "Our efforts to drive consumer awareness about safety in digital banking, through our Safe Second Account, are yielding strong digital banking uptake".

Airtel Payments Bank said it is now the leading issuer of RuPay On-The-Go NCMC cards, with over 3.3 million users leveraging the card for transit payments across major metro networks.