Airtel Payments Bank’s FY24 profit surges 60% to Rs 34.5 cr, revenue up 42%

Airtel Payments Bank on Wednesday reported a 60 per cent year-on-year surge in its profit at Rs 34.5 crore in FY24.

Revenue for the fiscal saw a 42 per cent increase to Rs 1,836 crore, according to a company statement.

“As we witness sustained demand for our digital offerings and accelerate customer acquisitions, we remain steadfast in our mission to empower every Indian with safe, simple and rewarding digital banking services,” Anubrata Biswas, MD and CEO of Airtel Payments Bank, said.