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Fino Payments Bank Limited reported strong financial results for the quarter and nine months ended December 31, 2024. Revenue surged 25% YoY to ₹461.3 cr, driven by a significant increase in the digital payment business, which contributed 24% of total revenue. EBITDA rose 19% YoY to ₹60.2 cr, while profit before tax (PBT) grew 25% YoY to ₹28.5 cr in Q3. For 9M'25, revenue reached ₹1,353.6 cr, up 26% YoY, with PBT at ₹78.6 cr, reflecting a 29% increase.
The bank’s customer base expanded to 1.34 crore, marking a 33% growth, with notable activity in digital accounts. Throughput showed robust performance with a 26% YoY increase, culminating in ₹117.8k cr for Q3. Annuity business renewal income also saw a 52% increase. Fino's focus on digital service enhancement positions it well in India’s evolving digital economy, signaling a positive outlook for continued growth and profitability.