Airtel Payments Bank annualised revenue crosses ₹3,300 crore in Q1

In the first quarter of FY 2026‑27, Airtel Payments Bank’s annualised revenue exceeded ₹3,300 crore, with the April‑June period generating ₹830.5 crore, the bank disclosed in its Monday‑released quarterly results.

Compared with ₹777.4 crore in Q1 FY 2025‑26, the bank’s Q1 FY 2026‑27 revenue rose roughly 6.8 % year‑on‑year.

Net profit for the quarter reached ₹19 crore, up 82 % from the same period last year, while EBITDA climbed 31 % y‑o‑y to ₹107.5 crore.

Customer balances grew 17 % y‑o‑y to ₹4,389 crore; monthly transacting savings‑account users increased 23 % to 29.5 million, and the bank’s annualised GMV amounted to ₹4,523 billion.

Anubrata Biswas, MD & CEO of Airtel Payments Bank, remarked, “Our solid start to FY 2026‑27 shows the confidence customers have in us and the accelerating uptake of digital banking across India.”

“We continue to pursue safe, simple, and scalable banking solutions for all,” he added.

During the quarter, the bank’s digital payments and transit segments kept expanding. Customers are turning more often to the Safe Second Account for daily digital transactions and recurring payments, and the bank retains its position as the second‑largest provider of UPI AutoPay mandates.

The bank has issued over 6.5 million National Common Mobility Cards (NCMC), ranking it the second‑largest issuer in that category, and it handles roughly two‑thirds of all transit payments on the networks it supports.

In rural India, the bank operates more than five lakh active banking touchpoints, covering about three‑quarters of villages, and it processes roughly one‑quarter of all AePS transactions.

The bank also kept broadening its B2B digital payments offering via current accounts, soundboxes, and merchant‑focused payment solutions.

Published on August 24, 2026