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Paytm Swings to Profit in Q1

July 23, 2025

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Business Standard

Reports ₹122.5 cr net, against a loss of ₹839 cr in Q1FY25

- AJINKYA KAWALE

One97 Communications (OCL), the company that operates the Paytm brand, reported a turnaround with a consolidated profit of ₹122.5 crore in the first quarter (April-June) of 2025-26 (Q1FY26), against a net loss of ₹838.9 crore in Q1FY25. Paytm had posted a net loss of ₹539.8 crore in Q4FY25.

In Q2FY25, Paytm had reported a profit, but it was due to the sale of its ticketing business to Zomato. Now, Q1FY26 marks the first-ever profit after tax (PAT)-positive quarter for the company led by normal business operations. The Noida-based financial technology (fintech) firm's revenue from operations grew 27.7 per cent to ₹1,917.5 crore in Q1FY26 from ₹1,501.6 crore in Q1FY25. Sequentially, revenue from operations remained stagnant compared to ₹1,911.5 crore in Q4FY25.

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