Paytm Q2 FY26 Earnings Results

Incorporated in 2000, One 97 Communications Ltd is India’s leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services.

Q2 FY26 Earnings Results:

• Revenue from Operations: ₹2,061 crore, up 24% YoY from ₹1,661 crore.

• Profit After Tax (PAT): ₹21 crore, dropped 98% YoY from ₹1,036 crore, primarily due to a one-time gaming business impairment.

• Adjusted EBITDA (excluding one-off charges): Loss reduced from previous quarters but still under pressure.

• Average monthly transacting users (MTUs): 76 million, up 3% QoQ; consumer payment MTUs up 6.5% QoQ.

• Total Payment Volume (TPV): ₹4.2 lakh crore, up 22% YoY.

• Disbursement volumes grew by 9% QoQ.

• Losses widened due to write-downs in gaming and associated investments.

• Focus continued on scaling customer base and monetization through financial services and new business lines.

 

Management Commentary and Strategic Insights:

• Management emphasized ongoing investments in AI and personalized financial services to drive long-term growth.

• Focus on growth in lending and wallet business, digital gold, and payments ecosystem.

• Efforts on cost optimization and operational efficiencies underway.

• Confident about sustaining leadership and expanding market share despite recent losses.

• One-time impairments accounted for most of the PAT drop, underlying business growth remains strong.

 

 

Q1 FY26 Earnings Results:

• Revenue: ₹1,918 crore, up 25% YoY.

• PAT: ₹123 crore, up from loss in prior periods.

• Average monthly transacting users crossed 74 million.

• EBITDA losses reduced quarter-on-quarter.

• Strong growth in payments volume and financial services.

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.