Paytm’s parent company, One 97 Communications, reported a consolidated net profit of ₹122.5 crore for the April–June quarter of FY26, compared to a net loss of ₹840 crore in the same period last year. The results mark a significant turnaround for the fintech major.
Revenue from operations rose 27 percent year-on-year to ₹1,917 crore, up from ₹1,501 crore in Q1 FY25. The company also reported an 18 percent decline in total expenses to ₹2,061 crore, against ₹2,476 crore a year earlier—further bolstering its return to profitability.
Paytm shares closed 3.37 percent higher at ₹1,052.60 on the NSE ahead of the earnings announcement, compared to ₹1,018.25 at the previous close.
Khushi Mistry of Bonanza said Paytm’s operating revenues for Q1 FY26 were broadly in line with expectations, with merchant payment volumes showing improvement while consumer payments remained stable.
“Paytm’s Q1 results mark a reasonable step towards post-disruption recovery. While platform resilience and merchant engagement are encouraging, long-term investor confidence will depend on sustained profitability and greater regulatory clarity,” Mistry noted.
The analyst also flagged that the firm continues to grapple with the impact of recent regulatory changes, but added that recovery in merchant activity could offset this in the coming quarters.
Drumil Vithlani of Bonanza said the stock has been forming a higher-high, higher-low (HH-HL) structure—a sign of a sustained uptrend.
“While the technical structure remains positive, we recommend a hold strategy for now, especially given the stock is testing key resistance levels. If it maintains volume strength above the breakout zone, we could see upside towards ₹1,100,” Vithlani said.
