Fino Payments Bank announced Q1FY26 results Customer base reached to 1.5 crore, adding over 6.8 lakh accounts in the quarter. Total throughput increased 17% YoY to Rs 1,23,542 crore in the first quarter. Digital throughput crossed Rs 67,800 crore, up 54% YoY. Average Deposits rose 34% YoY to Rs 2,275 crore, signalling rising customer confidence and deeper wallet share. Core Businesses - CASA & Digital Payment Services grew at 40% and traditional low margin business declined on account of tightened regulations on Remittance. Over 97 crore transactions on the Fino platform, an increase of 39% YoY. 53 lakh+ digitally active customers, 26% YoY increase Revenue from CASA increased to Rs 154 crore, an increase of 30% YoY; contribution rose to 34%. Subscription renewal Income increased 38% YoY to Rs 56 crore, reflecting strong customer stickiness and relationship depth. Net Revenue Margin improved by 250 bps YoY, led by digital and CASA momentum. Digital Payment Services revenue grew 59% YoY to Rs 106 crore; contributing 23% to total revenue. Rishi Gupta, MD & CEO, said: “In continuation to last year, the Q1FY26 witnessed active regulatory oversight and sector-wide efforts to counter ecosystem challenges in digital payment services. Our momentum in digital and liabilities business strategically positions us for long term sustainable growth despite evolving environment. The Bank is enhancing its UPI stack with new product offerings aimed at boosting digital throughput, improving user experience, and strengthening platform-level monetisation opportunities. Our Small Finance Bank application is being evaluated by the regulator.” Ketan Merchant, CFO, said: “Q1FY26 began in a challenging environment, with increasing regulatory focus and vigilant compliance requirements across the payment banking industry. While topline growth was modest at 4% YoY, our EBITDA grew 16% YoY, supported by a favourable shift in revenue mix towards high-margin segments like CASA and digital payment services. Our net revenue margins increased by 2.5%, indication of our enhanced focus on bottom line." Result PDF