| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.1K | 7.5% | 24.2% |
| Total Income | 2.3K | 5.8% | 24.5% |
| Expenditure | 2.1K | 2.3% | 8.1% |
| PBT | 31.00 | 75.4% | 96.7% |
| Net Profit | 21.00 | 82.9% | 97.7% |
| OPM | -2.38% | 5.24pp | 37.22pp |
| NPM | 0.92% | 4.75pp | 49.55pp |
| EPS | 0.33 | 82.8% | 97.7% |
Paytm Reports 24% YoY Revenue Growth to 2,061 Cr in Q2 FY 2026; EBITDA at 7%
04 Nov 2025 · 4 Nov 2025, 10:05 pm
Summary
One 97 Communications Ltd (Paytm) has reported a 24% year-over-year (YoY) revenue growth to 2,061 Crore in Q2 FY 2026. The EBITDA stands at 7%. The company has discontinued adjusted metrics and will report only on GAAP basis or standard definitions.
Key Highlights
- 1
Operating revenue grew by 24% YoY to 2,061 Crore
- 2
Contribution profit at 21,207 Crore (up 35% YoY)
- 3
EBITDA improved to 2142 Crore (margin of 7%)
- 4
PAT improved to 2211 Crore (before one-time charge for full impairment of 2190 Cr loan to our JV, First Games Technology Pvt. Ltd)
- 5
Net payment revenue was up 28% YoY to 594 Crore
- 6
Distribution of financial services revenue increased by 63% YoY to 611Cr
- 7
Consolidated leadership in merchant payments; merchant device subscriptions at 1.37 Cr
- 8
Cash balance of 213,068 Crore
- 9
UPI Payment Consumer Acquisition: Driving Al-first, product-led innovation to enhance consumer experience and boost retention
Management Comments
Management of One 97 Communications Ltd
We are focused on expanding our leadership across small and large, both online and offline merchants by deepening penetration of our full stack payment offerings including payment gateway solutions, QR, Soundbox, All in One POS card machines, etc. We are growing financial services distribution through increase in number of lending partners including banks, introduction of new products such as Paytm Postpaid with a bank partner, and continued enhancement of collection performance using Al. We are driving Al-first, product-led innovation to enhance consumer experience and boost retention, supporting continued gains in consumer market share. As an additional long-term growth driver, we are evaluating select new markets for our technology and products. We expect this initiative to start contributing meaningfully after 2-3 years.
Informational and educational content only. Not investment advice.