Easypaisa Reports Rs3.64B Profit in 2025

Islamabad, August 25, 2025, 08:08 PM PKT — Easypaisa digital bank has reported a stellar profit before tax of Rs3.64 billion for the half-year ended June 30, 2025, soaring 39.4% from Rs2.61 billion last year, with the Board of Directors approving the financial statements on August 24, showcasing unwavering growth and resilience in Pakistan’s digital financial sector, per official disclosure. Higher markup income and robust fee-based revenues from digital lending and payments fueled this rise, despite the State Bank of Pakistan discount rate dropping from 20% to 11%, with net markup income up 15.6% and non-markup income surging 60.5% due to increased transaction volumes, load and bundle products, corporate commissions, and insurance offerings.

Operating expenses rose 9.6% for technology, talent, and customer acquisition, offset by a reversal of compensation accruals, improving the cost-to-income ratio from 80.5% to 66.9%. The digital ecosystem thrived, with monthly active users (MAUs) hitting 18.2 million, customer deposits jumping 41.3% to Rs94.7 billion, and a CASA ratio of 98.1% with industry-low deposit costs at 1.57%, post-transition to a digital retail bank. Total advances reached Rs27.7 billion (loan-to-deposit ratio 25.0%), non-performing loans (NPLs) at 16.1% with a coverage ratio of 91.4%, equity at Rs16.8 billion, and a Capital Adequacy Ratio (CAR) of 20.52%. President & CEO Jahanzeb Khan hailed this as a bold push to innovate digital banking, while CFO Amin Sukhiani outlined expansions into foreign exchange, Islamic products, credit cards, remittances, and Buy Now Pay Later, plus merchant growth and insurance marketplace enhancements under the government’s cashless initiative. Web context on digital banking shows past hurdles, while posts found on X reflect optimism mixed with scrutiny—some cheer growth, others question sustainability. Critically, the narrative of “digital success” may mask scalability risks—web data hints at infrastructure gaps, and X sentiment suggests distrust in long-term viability, pointing to potential challenges.