Airtel Payments Bank crosses ₹3,300 crore annualised revenue as Q1 profit jumps 82%

Airtel Payments Bank's Q1 FY27 net profit rose 82% to ₹19 crore, with revenue growing 6.8% to ₹830.5 crore.

Annualised revenue crossed ₹3,300 crore, driven by customer balances and digital banking activity growth.

Customer balances increased 17% YoY to ₹4,389 crore, while Savings Bank Account users rose 23% to 29.5 million.

Airtel Payments Bank maintained its position as second-largest UPI AutoPay player and issued over 6.5 million transit payments cards.