Archive · 21 Jul 2026
Paytm Q1 Profit Jumps 79% on Strong Business Growth
Paytm, the parent company of One97 Communications, reported a big increase in profit for the first quarter of the fiscal year 2026-27.
Their net profit went up by 79% compared to the same time last year, reaching Rs 220 crore.
This growth was due to more people using their payment services, more businesses subscribing to their services, and more people using their financial services like loans.
The company also plans to invest more money into their subsidiary, Paytm Money, to improve their technology and expand their services.
Brokerages like Goldman Sachs and CITI are optimistic about Paytm's future, predicting continued growth, while CLSA is a bit more cautious.
Paytm's net profit rose 79% YoY to Rs 220 crore in Q1 FY27.
Revenue from operations increased 28% YoY to Rs 2,448 crore.
Total income reached Rs 2,630 crore, reflecting broad-based business growth.
Profit before tax nearly doubled to Rs 247 crore.
The company plans to invest up to Rs 100 crore in Paytm Money and extend the utilisation deadline for unutilised IPO proceeds to March 31, 2029.
- Who
- One97 Communications (Paytm's parent company)
- What
- Reported a 79% YoY increase in net profit for Q1 FY27
- When
- Quarter ended June 30, 2026
- Where
- India
- Why
- Driven by sustained momentum in payments business, merchant subscriptions, and financial services distribution
Optimistic Brokerages
Cautious Brokerages
Revenue Growth
Optimistic Brokerages
Goldman Sachs and CITI forecast 27% YoY revenue growth in FY27, citing market share gains and strong traction in merchant loan distribution.
Cautious Brokerages
CLSA is more conservative, assigning a target price of Rs 1050, reflecting a more cautious outlook.
- Net Profit
- Rs 220 crore (79% YoY growth)
- Revenue from Operations
- Rs 2,448 crore (28% YoY growth)
- Total Income
- Rs 2,630 crore
- Profit Before Tax
- Rs 247 crore (nearly doubled YoY)
- Total Expenses
- Rs 2,383 crore
- Investment in Paytm Money
- Up to Rs 100 crore
- Unutilised IPO Proceeds
- Rs 1,686 crore (utilisation deadline extended to March 31, 2029)
