Airtel Payments Bank records 60% surge in annual net profit to Rs 35 crore, with revenue up 42% to Rs 1,836 crore. Monthly transacting users reach 80.4 million.
Airtel Payments Bank reported a 60% year-on-year profit increase to Rs 34.5 crore in FY24, with revenue rising 42% to Rs 1,836 crore. The bank saw accelerated customer acquisitions, adding over a million new customers monthly. It achieved a 15% sequential growth in Q4FY24, reaching Rs 539 crore.