Paytm (One97 Communications) – Fundamental News Update
PAYTM
Paytm’s fundamental picture has improved significantly, with the company reporting its fifth consecutive quarter of net profit in Q1 FY27; consolidated net profit rose 79% YoY to ₹220 crore, while revenue from operations increased 28% to ₹2,448 crore and EBITDA reached a record ₹203 crore, reflecting strong operating leverage. The payments business remains the key growth engine, with merchant GMV rising 31% YoY to ₹7.1 lakh crore, supported by growth in merchant subscriptions, Soundbox devices and online payments after receiving the online Payment Aggregator licence. Financial-services distribution is also contributing to growth through personal loans, merchant loans and other products. Paytm is simultaneously investing in its wealth-management platform, with the board approving up to ₹100 crore investment in Paytm Money to support technology, regulatory capital and expansion. Another positive is that domestic ownership increased to 51.6% in Q1 FY27, helping Paytm maintain Indian-owned status for the second consecutive quarter.