Paytm Reports Strong Q4 Performance, Shares Surge
Paytm rallies after reporting turnaround Q4 performance
Business Standard
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One 97 Communications, known as Paytm, saw its shares rise by 7.27% following a profitable fourth quarter in FY26, reporting a consolidated net profit of ₹184 crore compared to a loss of ₹540 crore in the same quarter last year. The company's revenue also increased significantly, reflecting a positive turnaround.
- 01Paytm's consolidated net profit for Q4 FY26 reached ₹184 crore, a significant recovery from a loss of ₹540 crore in Q4 FY25.
- 02Revenue from operations increased by 18.41% year-on-year to ₹2,264 crore in Q4 FY26.
- 03The company's annual net profit for FY26 was ₹552 crore, compared to a loss of ₹663 crore in FY25.
- 04Merchant gross merchandise value (GMV) surged by 27% year-on-year to ₹6.5 lakh crore.
- 05Paytm Payments Bank is set to be wound up after the Reserve Bank of India canceled its banking license due to regulatory non-compliance.
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One 97 Communications, the parent company of Paytm, reported a robust financial performance for the fourth quarter of FY26, with a consolidated net profit of ₹184 crore compared to a net loss of ₹540 crore in the same quarter of the previous fiscal year. The company's revenue from operations climbed by 18.41% year-on-year to reach ₹2,264 crore. For the entire fiscal year, Paytm achieved a consolidated net profit of ₹552 crore, reversing the previous year's loss of ₹663 crore and marking a significant turnaround. The increase in revenue was driven by a 27% year-on-year rise in merchant gross merchandise value (GMV), which reached ₹6.5 lakh crore. Additionally, revenue from financial services distribution grew by 52% year-on-year. However, the company is facing challenges as the Reserve Bank of India has canceled the license of Paytm Payments Bank, leading to its impending winding-up due to regulatory non-compliance.
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Paytm's financial recovery may boost investor confidence and support its growth in the competitive digital payment sector in India.
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