Fintech major One97 Communications, which operates Paytm, reported a profit of ₹183 crore in Q4 FY26, marking continued profitability and culminating in its first full year profit in FY26.
The company’s revenue from operations grew over 18% year-on-year to ₹2,264 crore in the March quarter, compared to ₹1,912 crore in Q4 FY25, according to its filing with the NSE. Including ₹178 crore in non-operating income, total revenue for the quarter stood at ₹2,442 crore, while sequential growth remained largely flat.
For the full fiscal year FY26, Paytm reported 22% growth in operating revenue to ₹8,437 crore, up from ₹6,900 crore in FY25, and posted a net profit of ₹552 crore, reflecting a turnaround from previous losses.
On the cost front, employee expenses remained the largest component, accounting for 32.5% of total costs at ₹739 crore. Payment processing charges rose sharply by 33% year-on-year to ₹692 crore, while marketing expenses increased 18% to ₹169 crore. Overall, total expenditure rose to ₹2,269 crore in Q4 FY26, compared to ₹2,155 crore a year earlier.
The company’s quarterly profit represents a significant improvement from a loss of ₹545 crore in Q4 FY25, which was impacted by exceptional items.
Paytm also announced fresh ESOP grants worth ₹19.5 crore, covering 1.77 lakh equity shares under its ESOP 2019 scheme.
In a notable ownership shift, Paytm recently became a majority Indian-owned company, with foreign institutional investors (FIIs) reducing their stake from 72.11% in June 2023 to 49.4% as of March 2026. Meanwhile, domestic institutional investors (DIIs) increased their shareholding during the same period.
Following the results, Paytm’s shares closed at ₹1,100, taking its market capitalisation to around ₹71,052 crore ($7.5 billion).
The results signal improving financial stability for the fintech firm, even as it continues to navigate regulatory changes and evolving competition in India’s digital payments ecosystem.
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