Deepak Chand Thakur and Ashish Aggarwal detail quarter performance as Network People Services Technologies Ltd. reports PAT of ₹11.54 crore and EBITDA growth of 118.30 percent
Mumbai, February 13, 2026: Network People Services Technologies Ltd., a digital banking and fintech infrastructure provider, reported revenue from operations of ₹57.17 crore for the third quarter of FY26, marking a 145.93 percent year on year increase compared to ₹23.25 crore in Q3 FY25.
Profit after tax for the quarter stood at ₹11.54 crore. EBITDA rose 118.30 percent year on year to ₹18.74 crore from ₹8.59 crore in the corresponding quarter of the previous financial year.
On a sequential basis, revenue increased by ₹8.5 crore from ₹48.67 crore in Q2 FY26. PAT rose ₹1.70 crore quarter on quarter from ₹9.84 crore, while EBITDA grew from ₹15.64 crore in Q2 FY26 to ₹18.74 crore, reflecting a 19.82 percent increase.
Deepak Chand Thakur, Chairman and Managing Director of NPST, said, “Q3 FY26 reflects consistent execution against our long term strategy of building mission critical payment infrastructure at scale. We are still aligned with our growth objective launching new products and acquiring new business in domestic market along with footprint in international deals. Our focus has been on consistent growth and incremental order book. During the quarter, we strengthened our core switching capabilities, enhanced risk layer integrations, and expanded acquiring infrastructure across partner banks. Our objective is to remain a dependable infrastructure partner for banks and regulated institutions as the payment’s ecosystem becomes more complex and performance sensitive.”
Ashish Aggarwal, Co Founder and Joint Managing Director, NPST, said, “Our Q3 FY26 results reflect both accelerated revenue growth and sustained operating discipline. Our revenue grew and EBITDA expansion supports healthy margin performance while the growth in PAT demonstrates operating leverage as scale improves. We will continue to strengthen the quality of our order book with a balanced mix of infrastructure mandates and recurring platform engagements, improving revenue visibility and predictability. Our focus remains on maintaining margin resilience, disciplined cost management, and efficient capital deployment as we scale.”
During the quarter, NPST secured a mandate to acquire and operate a UPI switch for a large cooperative bank. The company also launched QR based acquiring in partnership with a Sponsor Bank for the Cooperative Bank segment and won its first order under this model. It received a Hardware Security Module implementation order from a central payment body and emerged as the lowest bidder for eFRM implementation across Africa and the Middle East for a central payment body.
Under its Payments Platform as a Service segment, the company signed two private banks and one cooperative bank for PPaaS services. It recorded approximately 60 percent quarter on quarter incremental order value growth in QR and Soundbox solutions. The company also onboarded one NBFC for Pay In services and partnered with a lending platform to co sell PPaaS offerings to NBFCs.
Incorporated in 2013, NPST is listed on the NSE and the BSE. The company operates as both a Technology Service Provider and a Payment Platform as a Service provider, offering solutions across online and offline transaction processing, banking super apps, fraud prevention, dispute management and RegTech. NPST serves more than 100 customers and processes over 50 million transactions daily.
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