Airtel Payments Bank Q3 Net Profit Soars 68% YoY To INR 18.5 Cr

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SUMMARY

On a quarterly basis the net profit grew 65% from INR 11.2 Cr in Q2 FY25. 

For the quarter under review, revenue crossed INR 700 Cr, up by 49% YoY from INR 469 Cr in Q3 FY24. Sequentially, it grew 3.8% from INR 674 Cr in Q2 FY25.

Meanwhile, EBITDA jumped 66% YoY in Q3 to INR INR 87 Cr

Airtel Payments Bank’s consolidated net profit zoomed 68% year-on-year (YoY) to INR 18.5 Cr for the third quarter of the financial year 2024-25 (Q3 FY25) from INR 11 Cr in the year-ago quarter, driven by strong adoption of its…



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Airtel Payments Bank Q3 Net Profit Soars 68% YoY To INR 18.5 Cr


SUMMARY

On a quarterly basis the net profit grew 65% from INR 11.2 Cr in Q2 FY25. 

For the quarter under review, revenue crossed INR 700 Cr, up by 49% YoY from INR 469 Cr in Q3 FY24. Sequentially, it grew 3.8% from INR 674 Cr in Q2 FY25.

Meanwhile, EBITDA jumped 66% YoY in Q3 to INR INR 87 Cr

Airtel Payments Bank’s consolidated net profit zoomed 68% year-on-year (YoY) to INR 18.5 Cr for the third quarter of the financial year 2024-25 (Q3 FY25) from INR 11 Cr in the year-ago quarter, driven by strong adoption of its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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