Wire · operational-macro
NPCI's profit declines 32% to Rs 989 crore in FY26 as BHIM loss widens
◆ Sectors
Fintech
◆ Geography
India
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◆ Verified
Fusion42 · 14 September 2026 · Fusion42 review
NPCI's net profit fell 32% to Rs 989 crore in FY26 due to rising marketing expenses and a surge in AI-related server costs, while its BHIM app subsidiary widened losses nearly sixfold to Rs 391 crore.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Your digital payments business now faces cost pressure from increased marketing and AI infrastructure expenses at NPCI, indicating rising operating costs could squeeze margins across the UPI ecosystem.
◆ Coverage
1 source · 14 Sep 2026
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Fintechnpciupibhim-lossmarketing-costsai-infrastructure