Archive · 11 Sep 2026
NPCI Net Surplus Falls Despite Strong FY26 Revenue Growth
NPCI runs several important digital payment systems in India.
Its earnings are called a surplus because it is a not-for-profit organization.
In FY26, NPCI collected more revenue than the previous year.
However, its surplus fell from ₹1,552 crore to ₹1,362 crore.
This happened because the organization spent more on marketing, equipment depreciation, and servers.
Some of the extra server spending was connected to AI-based systems.
UPI remains NPCI’s biggest payment platform and handles hundreds of millions of transactions each day.
NPCI also manages RuPay and works to expand Indian payment services internationally.
NPCI’s standalone net surplus fell 12% to ₹1,362 crore in FY26 from ₹1,552 crore in FY25.
Standalone revenue increased 21% to ₹3,969 crore during FY26.
Higher marketing, depreciation, and server expenses contributed to the decline in surplus.
NPCI expanded server capacity to support growing demand from AI-based systems.
UPI processes about 800 million transactions daily and accounts for nearly 89% of digital transactions in India.
- Who
- The National Payments Corporation of India (NPCI).
- What
- NPCI’s standalone net surplus declined 12% to ₹1,362 crore even as revenue grew 21% to ₹3,969 crore.
- When
- Financial year 2025-26, compared with financial year 2024-25.
- Where
- India’s digital payments ecosystem, including UPI, RuPay, IMPS, NACH and AePS.
- Why
- Higher marketing spending, depreciation, and server expenses related to expanding AI infrastructure reduced the surplus.
- FY26 net surplus
- ₹1,362 crore
- FY25 net surplus
- ₹1,552 crore
- FY26 standalone revenue
- ₹3,969 crore, up 21%
- Surplus change
- Down 12% year over year
- UPI daily volume
- Around 800 million transactions
- UPI monthly volume
- More than 24 billion transactions
- UPI transaction share
- Nearly 89% of digital transactions in India
- UPI transaction value
- Approaching ₹30 lakh crore