PayU India Turns Adjusted EBITDA Profitable In FY26, Revenue Zooms 13% YoY

PayU India Turns Adjusted EBITDA Profitable In FY26, Revenue Zooms 13% YoY
PayU India Turns Adjusted EBITDA Profitable In FY26, Revenue Zooms 13% YoY

Prosus-owned fintech platform PayU India’s revenue jumped 12.5% to $781 Mn (about ₹7,384 Cr) in FY26 from $694 Mn posted in the previous year.

According to Prosus’ annual report for FY26, the payment provider also turned adjusted EBITDA positive in the second half of FY26 (H2 FY26). Its adjusted EBITDA improved to $19 Mn during the period under review compared to an adjusted EBITDA loss of $6 Mn in H2 FY25. The adjusted EBITDA number stood at $18 Mn for the entire FY26.

Adjusted EBITDA margin stood at 5% in H2 FY26, and at 2% for the entire FY26. Prosus noted in its report that PayU exited negative margin portfolios in H2, impacting revenue growth during the period.

The revenue of PayU India’s payments vertical grew 10% to $577 Mn in FY26 from $523 Mn in the previous year. Adjusted EBITDA for the vertical stood at $12 Mn, with a 2% adjusted EBITDA margin.

Meanwhile, its credit business’ top line grew 19% to $204 Mn from $171 Mn in FY25. The credit business also turned adjusted EBITDA profitable in FY26, posting a profit of $6 Mn compared to -$28 Mn adjusted EBITDA loss in FY25.

(The story will be updated shortly)

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