India, Sept. 12 -- The National Payments Corporation of India's (NPCI's) consolidated net profit fell 32.4% to Rs.989.4 Cr in the financial year ended March 2026 from Rs.1,463.2 Cr in FY25, as a sharp rise in tax expenses offset growth in its pre-tax profit.

The payments infrastructure operator's revenue from operations grew 21.8% to Rs.4,240 Cr in FY26 from Rs.3,480.8 Cr in the previous fiscal year, according to its annual report.

Including other income of Rs.632.6 Cr, total income rose 20% YoY to Rs.4,872.6 Cr in FY26.

Income from payment services, NPCI's biggest revenue stream, increased 16.3% to Rs.3,735.8 Cr during the year under review from Rs.3,212 Cr in FY25. The segment accounted for 88.1% of the revenue from operations in FY2...