NPST Reported 3.3x Jump In 9M FY23 Net Profit

·        Total Income for Q3 FY23 at ₹ 10.31 crore; a 127.59% YoY growth
·        EBITDA for Q3 FY23 at ₹3.43 crore; a 345.45% YoY growth
·        Net Profit for Q3FY23 at ₹1.81 crore; a 1,031.25% YoY growth


Mumbai: Network People Services Technologies Limited (NSE EMERGE – NPST), engaged in providing software and digital payment solutions to the banking and finance sector, has announced its Un-Audited Financial Results for the Q3 & 9M FY23.


Commenting on the performance, Mr. Deepak Thakur – Chairman and Managing Director of Network People Services Technologies Limited said, “We have received a robust response to our digital payment services and that is clearly visible in our financial performance. The digital payment ecosystem is gaining rapid momentum and it is just the beginning of the digital revolution in the Indian economy, we are confident with our quality services & track record we will grow along with the digital payment ecosystem and increase our market share in the coming years.”


Incorporated in 2013, Network People Services Technologies Limited (NPST), is engaged in providing software and Digital payment solutions to the banking and finance sector, primarily focusing on mobile banking applications, Payment switch solution (such as IMPS & UPI), Merchant acquiring platform and digital wallet. Currently, NPST is rendering services to esteemed clients i.e., Canara Bank, Kerala Gramin Bank, Karnataka Gramin Bank, IBM India Private Limited and Cosmos Co-operative Bank with 60 crore monthly transaction volume.

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