{"id":17162,"date":"2023-05-05T07:39:23","date_gmt":"2023-05-05T07:39:23","guid":{"rendered":"https:\/\/delhinewswatch.com\/index.php\/2023\/05\/05\/revolutionizing-fintech-sme-company-achieves-incredible-year-on-year-growth-in-revenue-and-profit-disrupting-industry-norms\/"},"modified":"2023-05-05T07:39:23","modified_gmt":"2023-05-05T07:39:23","slug":"revolutionizing-fintech-sme-company-achieves-incredible-year-on-year-growth-in-revenue-and-profit-disrupting-industry-norms","status":"publish","type":"post","link":"https:\/\/delhinewswatch.com\/index.php\/2023\/05\/05\/revolutionizing-fintech-sme-company-achieves-incredible-year-on-year-growth-in-revenue-and-profit-disrupting-industry-norms\/","title":{"rendered":"Revolutionizing Fintech: SME Company Achieves Incredible Year-on-Year Growth in Revenue and Profit, Disrupting Industry Norms"},"content":{"rendered":"<div class=\"dsprime\"><img decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/pnn.digital\/wp-content\/uploads\/2023\/05\/ANI-Image-1024x768.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p>NPST Elevates Financial Standing with Impressive Achievement Revenue surges 173.6% Net Profit jumps 557%<\/p>\n<p><strong>Mumbai (Maharashtra) [India], May 5<\/strong><strong>: <\/strong>&nbsp;<strong>Network People Services Technologies Limited (NPST)<\/strong>&nbsp;<strong>(NSE EMERGE \u2013&nbsp;NPST)<\/strong>,&nbsp;engaged&nbsp;in providing software and digital payment solutions to the banking and finance sector,&nbsp;has&nbsp;<a>announced<strong>&nbsp;<\/strong>its Audited Financial Results for the&nbsp;<\/a>H2 &amp; FY23.<\/p>\n<p><strong><u>Key Financial Highlights H2 FY23- Standalone:<\/u><\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002\u2002Revenues from operations of&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;31.71 crore, YoY growth of 174%<\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002\u2002EBITDA of&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;10.06 crore, YoY growth of 328%<\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002\u2002PAT of&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;5.65 crore, YoY growth of 557%<\/strong><\/p>\n<p><strong><u>Key Financial Highlights FY23- Standalone:<\/u><\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002\u2002Revenues from operations&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;41.13 crore, YoY growth of 111 %<\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002\u2002EBITDA of&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;12.38 crore, YoY growth of 226 %<\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002\u2002PAT of&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;6.52 crore, YoY, growth of 338%<\/strong><\/p>\n<p><strong>\u2022\u2002\u2002\u2002\u2002 &nbsp;Operating Cashflow of&nbsp;<\/strong><strong>\u20b9<\/strong><strong>&nbsp;12.01 crore<\/strong><\/p>\n<p><strong><u>Key Operational Highlights:<\/u><\/strong><\/p>\n<p>For FY23 Company has Processed 879 Lakhs Transactions with Transaction Value of&nbsp;\u20b9&nbsp;6,017 Cr on its Evok API Platform.<\/p>\n<p>For FY23 Company has Processed 1,03,828 Lakhs TSP Transactions with Transaction Value of&nbsp;\u20b9&nbsp;17,72,200 Cr.<\/p>\n<p><strong>Commenting on the performance, Mr. Deepak Thakur \u2013 Chairman and Managing Director of\u00a0NPST Limited<\/strong>\u00a0<strong>said,\u00a0<\/strong>\u201cWe are pleased to report strong financial performance for the H2 and FY23, driven by the increasing popularity of digital payments and our ability to capitalize on the changing landscape of the digital ecosystem. Our focus on technology investments and expansion of our offerings will enable us to deliver long-term sustainable growth for the company. We remain confident of future growth and committed to delivering value to our stakeholders.\u201d<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NPST Elevates Financial Standing with Impressive Achievement Revenue surges 173.6% Net Profit jumps 557% Mumbai (Maharashtra) [India], May 5: &nbsp;Network People Services Technologies Limited (NPST)&nbsp;(NSE EMERGE \u2013&nbsp;NPST),&nbsp;engaged&nbsp;in providing software and digital payment solutions to the banking and finance sector,&nbsp;has&nbsp;announced&nbsp;its Audited Financial Results for the&nbsp;H2 &amp; FY23. Key Financial Highlights H2 FY23- Standalone: \u2022\u2002\u2002\u2002\u2002\u2002Revenues from operations [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[628],"class_list":["post-17162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts\/17162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/comments?post=17162"}],"version-history":[{"count":0,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts\/17162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/media\/17163"}],"wp:attachment":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/media?parent=17162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/categories?post=17162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/tags?post=17162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}