Airtel Payments Bank's Q2 Revenue Crosses INR 800 Cr Mark

Airtel Payments Bank’s consolidated profit rose to INR 11.8 Cr in the second quarter (Q2) of the fiscal year 2025-26 (FY26), up marginally from INR 11.2 Cr in the year ago quarter.

Sequentially, profits jumped 13.5% from INR 10.4 Cr in the preceding quarter. The payments bank’s bottom line saw improvement on the back of improving margins, a healthy growth in top line and other operational metrics, and growing adoption of its services.

Airtel Payments Bank closed Q2 FY26 with a record INR 804 Cr revenue, up 19% year-on-year (YoY). Similarly, the company’s EBITDA also improved 17.4% YoY to INR 89.3 Cr during the quarter under review.

“Our consistent growth reflects the strength of our digital-first model and the deep trust our customers place in us. The Safe Second Account continues to be a key growth driver, empowering customers to manage their everyday digital transactions with ease and confidence,” said Airtel Payments Bank MD and CEO Anubrata Biswas.

On the operational front, the payments bank’s annualised gross merchandise value (GMV) stood at INR 4.56 Lakh Cr at the end of September 2025 quarter. The company also claimed that it continues to remain the the third-largest mobile bank in India by user base.

In a statement, the company also said that the customer balances on its platform stood at INR 3,987 Cr during the quarter, up 35% YoY. Additionally, the payments bank claimed that it emerged as the biggest National Common Mobility Card (NCMC) acquiring bank, with its 4 Mn users processing nearly 65% of total transaction volumes in the category.

Airtel Payments Bank’s RuPay On-The-Go card allows users to use a single card for payments at metro, bus, and train stations.

Airtel Payments Bank commenced operations in early 2017 with a seed investment of $440 Mn. It is one of the only two profitable payments banks in the country, besides Fino Payments Bank. It offers digital banking solutions as well as insurance, lending, soundbox and investment services to customers across both urban and rural India.

The payments bank claims to operate a network of more than 5 Lakh “active” banking points, processing half of India’s remittances. It claims to process nearly 1,200 Cr transactions annually, caters to more than 9,200 corporate partners and “digitises” over INR 8,800 Cr in cash every month.

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