Fino Payments Bank Limited — Updates, 23-10-2024: Press Release

Fino Payments Bank reported a record profit before tax of ₹25.9 crores for Q2 FY25, marking a 33% increase year-over-year. The bank's revenue rose 27% year-over-year to ₹455.4 crores, with digital payments contributing significantly to growth. The total number of customer accounts reached 1.26 crores, with 70% active users. The company continues to focus on expanding its high-margin product offerings and enhancing its technology-driven services to maintain growth momentum.