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PayU India turns Ebitda positive in Jul-Sep

Mint Bangalore

|

November 25, 2025

ayment services provider PayU India turned profitable in the September quarter, with adjusted Ebitda turning positive at $3 million from a loss of $6 million a year ago largely due to a growth in its merchant-lending business.

- Salman

PayU India turns Ebitda positive in Jul-Sep

The firm's adjusted Ebitda turned positive at $3 mn from loss of $6 mn a year ago. MIN

The Prosus-backed firm's Ebitda margin rose 400 basis points to 1%, Ebitda is earnings before interest, taxes, depreciation and amortization. PayU's revenue in the quarter rose to $214 million, up 21% from a year ago and 17% sequentially.

The finances were reported in Dutch investor Prosus' half-yearly update on Monday.

Prosus’s latest India disclosures attribute much of this to PayU's merchant lending arm, whose assets under management increased from $25 million meant to deepen usage and support growth.

FLERE HISTORIER FRA Mint Bangalore

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Vibe coding: Make way for intuition-driven software

New jargon emerges regularly in the world of software development. Most terms vanish quickly, but ever so often, a term bubbles up from the cultural stew and goes mainstream—not because it introduces a breakthrough technology, but because it captures a shift in how people think about software development. ‘Vibe coding’ is one such phrase. It’s a term that reveals more about the future of programming than its whimsical name suggests.

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Diwali is past, but shopping roars ahead

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Malaysia to ban social media for people under 16 next year

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The trouble with 'good vibes only' spirituality

Wellness culture on social media idealizes positivity at the cost of depth. Experts warn that this shift can encourage emotional avoidance

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2 mins

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Diwali is past, but shopping season is roaring ahead

India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.

time to read

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What went into quadrupling Jio Payments Bank's footprint

Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.

time to read

2 mins

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TCS, Wipro face patent suits in US as IT's troubles mount

to inventors, which prohibit others from creating, using, or selling such inventions for a specified time.

time to read

2 mins

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MFs seek a middle ground with Sebi on broker fee cap

Mutual funds have urged the Securities and Exchange Board of India (Sebi) to make the proposed cap on brokerage costs feasible for asset management firms, according to three people familiar with the matter.

time to read

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Let AI sow the seeds of an intelligent farming revolution

India's farmers have long carried the nation's food security on their shoulders.

time to read

3 mins

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Independent films fight for screen space despite critical acclaim

Critically acclaimed Indian filmsthat sparkle onthe international festival circuit are finding it hard to be screened in the country even though theatresare struggling with low supply of new commercial films.

time to read

2 mins

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