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Airtel Payments Bank annualised revenue crosses ₹3,300 crore in Q1
Airtel Payments Bank reported annualized revenue exceeding ₹3,300 crore in Q1 FY27, with a 6.8% year-on-year increase in quarterly revenue. Net profit rose 82% to ₹19 crore, and the bank highlighted growth in digital payments and transit services.
Airtel Payments Bank's annualized revenue crossed ₹3,300 crore in the first quarter of financial year 2026-27, according to the bank's quarterly financial results announced on Monday. Revenue for the April-June quarter stood at ₹830.5 crore, up from ₹777.4 crore in the corresponding quarter of the previous fiscal, registering a growth of about 6.8% year-on-year.
The bank's net profit for the quarter stood at ₹19 crore, an 82% increase from the year-ago period. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 31% year-on-year to ₹107.5 crore.
Customer balances increased 17% year-on-year to ₹4,389 crore, while monthly transacting users of savings bank accounts rose 23% to 29.5 million. The bank's annualized Gross Merchandise Value (GMV) stood at ₹4,523 billion.
CEO Commentary
Anubrata Biswas, MD and CEO of Airtel Payments Bank, commented on the performance: "Our strong start to FY27 reflects the trust customers place in us and the growing adoption of digital banking across India." He added, "We remain focused on delivering safe, simple, and accessible banking solutions at scale."
Growth in Payments and Transit
During the quarter, the bank continued to see growth in its digital payments and transit businesses. Customers are increasingly using its Safe Second Account for everyday digital transactions and recurring payments. The bank remained the second-largest player in UPI AutoPay mandates.
Airtel Payments Bank has issued more than 6.5 million National Common Mobility Cards (NCMC), making it the second-largest issuer in the segment. The bank said it processes two out of every three transit payments across networks it supports.
Rural Reach and B2B Expansion
In rural India, the bank has more than 5 lakh active banking points and serves three in four villages. It also processes one in four Aadhaar Enabled Payment System (AePS) transactions.
The bank also expanded its business-to-business digital payments operations through current accounts, soundboxes, and merchant payment solutions.
How each outlet told it
ANI (Asian News International)
Framing: Same as The Tribune, emphasizing annualised revenue crossing Rs 3,300 crore in Q1 FY27. — Neutral-business, quoting the CEO without overt editorializing.
Facts Included:
Annualised revenue crossed Rs 3,300 crore in Q1 FY27
Q1 revenue stood at Rs 830.5 crore
Revenue increased from Rs 777.4 crore year-on-year, growth of about 6.8%
Net profit Rs 19 crore, up 82% year-on-year
EBITDA rose 31% year-on-year to Rs 107.5 crore
Customer balances increased 17% to Rs 4,389 crore
Monthly transacting users rose 23% to 29.5 million
Annualised GMV stood at Rs 4,523 billion
Quote from MD and CEO Anubrata Biswas: "Our strong start to FY27 reflects the trust customers place in us and the growing adoption of digital banking across India."
Framing: Emphasizes annualised revenue crossing ₹3,300 crore in Q1; omits other financial metrics like profit, user growth, and operational achievements. — Positive, featuring CEO quotes and descriptive verbs like 'continued to see growth' and 'expanded'.
Facts Included:
Annualised revenue crossed ₹3,300 crore in Q1 FY27
Q1 revenue stood at ₹830.5 crore
Revenue increased from ₹777.4 crore year-on-year, growth of about 6.8%
Net profit ₹19 crore, up 82% year-on-year
EBITDA rose 31% y-o-y to ₹107.5 crore
Customer balances increased 17% y-o-y to ₹4,389 crore
Monthly transacting users rose 23% to 29.5 million
Annualised GMV stood at ₹4,523 billion
Quote from CEO Anubrata Biswas: "Our strong start to FY27 reflects the trust customers place in us and the growing adoption of digital banking across India."
"We remain focused on delivering safe, simple, and accessible banking solutions at scale," he added.
Growth in digital payments and transit businesses
Customers increasingly using Safe Second Account
Remained second-largest player in UPI AutoPay mandates
Issued more than 6.5 million National Common Mobility Cards (NCMC)
Processes two out of every three transit payments across supported networks
Has over five lakh active banking points in rural India
Serves three in four villages
Processes one in four AePS transactions
Expanded B2B digital payments operations through current accounts, soundboxes, and payment solutions
Framing: Emphasizes the annualised revenue milestone of Rs 3,300 crore in Q1 FY27; leaves out other financial details like net profit, customers, and operational metrics. — Neutral-positive, reflected in phrases like "trust customers place in us" and "strong start to FY27".
Facts Included:
Annualised revenue crossed Rs 3,300 crore in Q1 FY27
Q1 revenue stood at Rs 830.5 crore
Revenue increased from Rs 777.4 crore year-on-year, growth of about 6.8%
Net profit Rs 19 crore, 82% increase year-on-year
EBITDA rose 31% year-on-year to Rs 107.5 crore
Customer balances increased 17% to Rs 4,389 crore
Monthly transacting users rose 23% to 29.5 million
Annualised GMV stood at Rs 4,523 billion
Quote from MD and CEO Anubrata Biswas: "Our strong start to FY27 reflects the trust customers place in us and the growing adoption of digital banking across India."
"We remain focused on delivering safe, simple, and accessible banking solutions at scale," he added.
Growth in digital payments and transit businesses
Customers increasingly using Safe Second Account
Bank remained second-largest player in UPI AutoPay mandates
Issued more than 6.5 million NCMC, second-largest issuer
Processes two out of every three transit payments across supported networks
More than five lakh active banking points in rural India
Serves three in four villages
Processes one in four AePS transactions
Expanded B2B digital payments operations through current accounts, soundboxes, and payment solutions
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ClaimAirtel Payments Bank's revenue for Q1 FY27 increased from Rs 777.4 crore in the corresponding quarter of the previous financial year, a growth of about 6.8 per cent year-on-year.
ClaimAnubrata Biswas, MD and CEO of Airtel Payments Bank, said, "Our strong start to FY27 reflects the trust customers place in us and the growing adoption of digital banking across India."
ClaimAirtel Payments Bank expanded its business-to-business digital payments operations through current accounts, soundboxes, and merchant payment solutions.