Airtel Payments Bank Achieves Record 70% Profit Increase in Q3 FY25
Airtel Payments Bank reported a 70% increase in net profit for Q3 FY25, achieving Rs 18.5 crore. Quarterly revenue rose 49% YoY to over Rs 700 crore, with the bank's Monthly Transacting Users exceeding 100 million. The growth is driven by digital account adoption and transaction volume increase.
- Country:
- India
Airtel Payments Bank achieved a significant financial milestone in the December quarter of 2024-25, posting a 70% increase in net profit, reaching Rs 18.5 crore.
The bank's quarterly revenue crossed Rs 700 crore, marking a 49% year-on-year growth, primarily driven by the rising adoption of its digital banking services.
Monthly Transacting Users soared by 62%, surpassing 100 million, and customer balances increased by 42% YoY, indicating a strong market presence and customer trust in Airtel's digital banking solutions.
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