Paytm Q2 Profit Jumps Over 10 Times to ₹225 Crore

One 97 Communications Limited reported its sixth consecutive profitable quarter in Q2 FY27, supported by revenue growth, improved operating margins and stronger monetisation across payments and financial services. Q2 FY27 Financial Performance Net Profit: ₹225 crore vs ₹21 crore YoY. Operating Revenue: ₹2,648 crore, up 28% YoY. EBITDA: ₹270 crore, up 90% YoY. EBITDA Margin: 10%, reaching double digits for the first time. Monthly Transacting Users: 8.5 crore, up 1 crore YoY. Business Growth Highlights Payment Services Revenue: ₹1,434 crore, up 25% YoY. Financial Services Distribution Revenue: ₹912 crore, up 49% YoY. Merchant Subscriptions: 1.64 crore, with 27 lakh additions over the past year. UPI Transaction Value: Grew 42% YoY, exceeding industry growth of 19%. What Is Driving Growth? Growth in merchant payments, loan distribution and consumer monetisation supported revenue. AI-led efficiencies also helped reduce indirect expenses as a share of revenue to 46%, compared with 52% a year ago. Paytm's cash balance increased to ₹13,617 crore as of September 2026. What Investors Should Monitor Investors should track sustained profitability, payment margins, financial services growth and the company's ability to convert higher revenue into consistent earnings. Strong revenue growth and record EBITDA indicate improving operating performance. However, the sustainability of profits remains important to monitor as the business continues to scale. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.