India — Prosus-owned fintech platform PayU India reported a 12.5% increase in revenue to $781 million (approximately ₹7,384 crore) in FY26, compared to $694 million recorded in FY25, according to Prosus’ annual report for FY26.
The company also achieved a key profitability milestone during the year, turning adjusted EBITDA positive in the second half of FY26 as it continued focusing on operational efficiency, portfolio optimization, and sustainable growth.
PayU India reported an adjusted EBITDA of $19 million in H2 FY26, compared to an adjusted EBITDA loss of $6 million during the corresponding period in H2 FY25. For the full financial year FY26, the company posted an adjusted EBITDA of $18 million.
The adjusted EBITDA margin stood at 5% during the second half of FY26 and 2% for the full financial year, reflecting improved cost structures and stronger operating leverage across the business.
According to Prosus, PayU exited certain negative-margin portfolios during H2 FY26 as part of its broader strategy to improve profitability and operational efficiency, although the move had a temporary impact on overall revenue growth during the period.
Industry analysts note that fintech companies globally are increasingly prioritizing profitability, operational discipline, and sustainable business models after years of aggressive expansion-focused growth strategies.
India’s digital payments and fintech ecosystem continues to witness strong long-term growth driven by rising digital transactions, UPI adoption, embedded finance, merchant digitization, and increasing consumer adoption of online financial services.
The improved financial performance also highlights the growing maturity of India’s fintech sector as major players focus on balancing scale with profitability while expanding payment infrastructure, merchant solutions, lending services, and digital financial products.
PayU India is one of India’s leading digital payments and fintech platforms, offering payment gateway services, merchant solutions, credit products, and digital financial services. The company operates under Prosus, the global consumer internet group and technology investor with investments across fintech, ecommerce, edtech, food delivery, and digital platforms globally.
 in FY26, compared to $694 million recorded in FY25, according to Prosus’ annual report for FY26.){kind=link}