Paytm Q4 FY26 Results: Profit at ₹183 Crore, Revenue Up 18%

In the quarter ended March FY26, Paytm (One 97 Communications Ltd) achieved an operating revenue of ₹2,264 crore, which is 18% higher than the corresponding period last year (YoY). Most importantly, it has posted a profit of ₹183 crore in the quarter, which is a turnaround demonstrated by the combination of better operating performance and cost control.

On 6 May 2026, Paytm’s share price was already up 2.08% to close at ₹1,110.60 on the National Stock ​‍​‌‍​‍‌Exchange.

Key Q4 FY26 Figures

Revenue growth was driven by market share gains in both merchant and consumer payments, along with strong traction in financial services distribution. On a comparable basis (excluding UPI and PIDF incentives), revenue grew even faster at 26% YoY to ₹2,254 crore.

Contribution profit came in at ₹1,254 crore, up 17% YoY (31% on a comparable basis), supported by improved payment processing margins and a higher share of high-margin financial services.

Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at ₹132 crore, a significant improvement compared to last year. On a comparable basis, EBITDA improved by ₹330 crore YoY, with margins also expanding steadily.

The company said it has been able to offset around 30–40% of the impact from the discontinuation of the Payments Infrastructure Development Fund (PIDF) scheme during the quarter and expects further improvement going forward.

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FY26 Performance

For the entire FY26, Paytm reported revenue of ₹8,437 crore, up 22% YoY. Besides, for the very first time, the company completed the whole year as a profitable entity. Its profit after tax (PAT) stood at ₹552 crore and EBITDA at ₹502 crore, which is a significant increase of ₹2,008 crore YoY (from a loss of ₹1,506 crore in FY25).

The financial services distribution business, on the other hand, grew substantially, registering a revenue of ₹2,593 crore, up 52% from the previous year.

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Company Statement