Prosus India Posts 13% Revenue Rise in FY26 as PayU Turns EBITDA Positive

Prosus India posted a 13% rise in revenue during FY26, the company reported, with the headline growth accompanied by a landmark profitability milestone: PayU, its India-focused digital payments platform, turned EBITDA positive for the first time.

The EBITDA turnaround at PayU is a notable development in India's crowded fintech space. The payments business has faced intense competition from UPI-native apps, wallets, and bank-backed platforms, making the path to profitability a long and capital-intensive one. Achieving positive EBITDA signals that PayU has reached a scale where revenues are meaningfully outpacing operating costs.

For Prosus, which has been rationalising its global portfolio and under pressure from investors to demonstrate returns from its India investments, the FY26 numbers provide a positive data point. India remains one of the company's most strategically important markets, given the scale of the digital economy and the fintech opportunity.

The 13% revenue growth, combined with PayU's profitability inflection, is likely to strengthen Prosus India's standing within the parent group and could influence future capital allocation toward India operations. Analysts will look for whether the EBITDA positivity is sustainable as competition and regulatory scrutiny in digital payments continues to intensify.