India, June 25 -- The National Payments Corporation of India (NPCI) reported a 42% increase in its profit after tax (PAT) to INR 1,552 Cr in the year ending March 2025 from INR 1,095 Cr in the previous year.

The payments body's operating revenue rose 19% to INR 3,270 Cr during the year under review from INR 2,749 Cr in FY24, according to credit rating agency ICRA.

The reason behind the rise in NPCI's profit was the improvement in its PAT margin, which rose to 47.5% in FY25 from 39.8% last year. However, its operating margin dropped slightly to 48.7% in FY25 from 53.1% in FY24, the rating agency said.

As NPCI is a non-profit organisation, it uses the word 'surplus' instead of profit. Thus, PAT is denoted as surplus after tax.

Notably, ...