StockWatch
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Financial Technology (Fintech)
Quarterly Result20 Jul 2026, 10:20 pm

One 97 Communications Q1 FY27 EBITDA ₹203 Cr, Revenue ₹2,448 Cr

AI Summary

One 97 Communications Ltd (Paytm) reported strong growth for the quarter ended June 30, 2026 (Q1 FY27). Revenue surged 28% YoY to ₹2,448 Cr, and EBITDA reached a record high of ₹203 Cr, up 182% YoY. This performance was driven by accelerated growth across its four key engines: merchant payments, merchant loan distribution, consumer payments, and consumer monetization. The company highlighted AI's role in driving operating leverage, with revenue growing faster than indirect expenses, leading to EBITDA margin expansion. Merchant GMV grew 31% YoY, and payment processing margins improved structurally. Consumer payments also saw significant growth, with Monthly Transacting Users (MTU) expanding by 60 lakh YoY to 8 Cr.

Key Highlights

  • Record quarterly EBITDA of ₹203 Cr, up 182% YoY.
  • Revenue increased 28% YoY to ₹2,448 Cr.
  • Merchant GMV grew 31% YoY, driven by product and distribution investments.
  • Consumer payments MTU expanded 60 lakh YoY to 8 Cr.
  • AI applications are accelerating operating leverage and margin expansion.