Revolutionizing Fintech: SME Company achieves incredible year-on-year growth in revenue and profit, disrupting industry norms

ANI PR Wire
04 May 2023, 18:45 GMT+10

Mumbai (Maharashtra) [India], May 4 (ANI/PNN): Network People Services Technologies Limited (NPST) (NSE EMERGE - NPST), engaged in providing software and digital payment solutions to the banking and finance sector, has announced its Audited Financial Results for the H2 & FY23.

Key Financial Highlights H2 FY23- Standalone:

- Revenues from operations of Rs 31.71 crore, YoY growth of 174 per cent

- EBITDA of Rs 10.06 crore, YoY growth of 328 per cent

- PAT of Rs 5.65 crore, YoY growth of 557 per cent

Key Financial Highlights FY23- Standalone:

- Revenues from operations Rs 41.13 crore, YoY growth of 111 per cent

- EBITDA of Rs 12.38 crore, YoY growth of 226 per cent

- PAT of Rs 6.52 crore, YoY, growth of 338 per cent

- Operating Cashflow of Rs 12.01 crore

Key Operational Highlights:

For FY23 Company has Processed 879 Lakhs Transactions with Transaction Value of Rs 6,017 Cr on its Evok API Platform.

For FY23 Company has Processed 1,03,828 Lakhs TSP Transactions with Transaction Value of Rs 17,72,200 Cr.

Commenting on the performance, Deepak Thakur - Chairman and Managing Director of NPST Limited said, "We are pleased to report strong financial performance for the H2 and FY23, driven by the increasing popularity of digital payments and our ability to capitalize on the changing landscape of the digital ecosystem. Our focus on technology investments and expansion of our offerings will enable us to deliver long-term sustainable growth for the company. We remain confident of future growth and committed to delivering value to our stakeholders."

This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bangladesh Sun.

More Information

37 ℃

Haze in Dhaka/Shahjalal Intl

Asia Sports

Section

Wellman's remarkable 8-week-long digital campaign wraps up, participants win IPL Tickets, exclusive Virat Kohli autographed merchandise and more

SRV MediaNew Delhi [India], June 2: Wellman, a leading men's wellness supplement brand, recently completed a highly successful online campaign ...

Former captain Carl Hooper joins West Indies coaching team

New Delhi [India], June 2 (ANI): Former West Indies skipper Carl Hooper is set to join the West Indies team ...

India bowling line-up for World Test Championship Final still a mystery for Australia

London [UK], June 2 (ANI): Australia are preparing to face star all-rounder Ravindra Jadeja in the ICC World Test Championship ...

Movement of this level shouldn't go unnoticed: BJP MP Pritam Munde backs wrestlers' protest

Mumbai (Maharashtra) [India], June 2 (ANI): Amid the ongoing protests of the wrestlers demanding the arrest of Wrestlers Federation of ...

"Hello guys, welcome back": Jadeja, Rahane, Gill, Surya back hit practice ahead of WTC final

London [UK], June 2 (ANI): The Indian Test squad for the World Test Championship (WTC) final against Australia have hit ...

Thailand Open 2023: Lakshya Sen beats Li Shi Feng to enter QFs; Saina, Satwiksairaj-Chirag bow out

Bangkok [Thailand], June 1 (ANI): India's star shuttler Lakshya Sen continued his rich form in the Thailand Open 2023 badminton ...

Business

Section

Movie Review

The Past (Le pass)

Past