Prosus said in its annual report that PayU India, the Indian fintech arm of Dutch technology investor Prosus, posted fiscal 2026 revenue of US$781 million, up 11% year on year, and reported its first full year of operating profit.

Adjusted earnings before interest, taxes, depreciation, and amortisation, or Ebitda, was US$18 million, versus a US$25 million loss in fiscal 2025.

Revenue in the October-to-March half fell to US$384 million from US$395 million in the six months ended Sept. 30, 2025, after PayU India exited certain negative-margin portfolios in the second half, Prosus said.

Prosus said PayU India’s payments segment, its main source of revenue, grew 10% to US$577 million and made up 74% of total revenue.

It said faster-than-market payment processing growth in some segments, while exiting negative-margin portfolios, helped raise adjusted Ebitda for the payments business 4x to US$12 million.

PayU India also received authorisation from the Reserve Bank of India to operate as a payment aggregator for online, offline, and cross-border transactions.

🔗 Source: The Economic Times