Paytm Turns Profitable with $2123 Cr PAT in Q1FY26, Achieves Milestone of Profitability Across All Key Financial Metrics

Paytm, India's Full Stack Merchant Payment Leader, reported a profit after tax (PAT) of $2123 Cr in Q1FY26, marking a significant milestone in its financial journey. The company's operating revenue grew by 28% YoY to $21,918 Cr, driven by an increase in the number of subscription merchants, higher GMV, and growth in revenues from distribution of financial services. The contribution profit stood at $21,151 Cr, up 52% YoY, with a contribution margin of 60%. EBITDA and PAT turned profitable at $72 Cr and $2123 Cr respectively, demonstrating Al-led operating leverage, disciplined cost structure, and higher other income. The company's cash balance was $212,872 Cr, providing capital flexibility to expand merchant payments, distribution of financial services, and Al-led innovations.