Digital payments major Paytm reported its first full year of profit, closing FY26 with a net profit of Rs 552 crore, swinging from a loss of Rs 663 crore a year back, primarily driven by a tighter control on costs and a major increase in revenue from financial services.
It closed FY26 with an operating revenue of Rs 8,437 crore, up 22% from Rs 6,900 crore a year back.
The Noida-headquartered firm reported operating revenue of Rs 2,264 crore in the March quarter, up 18% from Rs 1,912 crore a year back.
In terms of its quarterly profits, the March quarter net profit jumped to Rs 183 crore compared to a net loss of Rs 545 crore a year back.
In terms of its major expenses, the firm slightly pushed up its marketing expenses to Rs 169 crore for the quarter compared to Rs 143 crore a year back. Overall expenses stood at Rs 2,269 crore, compared to Rs 2,155 crore a year back.
Paytm also said that the new labour laws have resulted in an increase of Rs 12 crore in its overall wage-related expenses for the year ended March 2026. Out of its total IPO proceeds of Rs 8,500 crore, the payments firm said that it has used up Rs 6,133 crore for its technology investments, general corporate purposes and has invested Rs 14 crore in new acquisition and partnership opportunities.
The company further disclosed that Paytm sold its offline merchant payment business to its wholly owned subsidiary Paytm Payment Services for a valuation of Rs 975 crore. However, the business was sold from one company entity to another, thereby resulting in no impact on the firm's overall financial position.
It closed FY26 with an operating revenue of Rs 8,437 crore, up 22% from Rs 6,900 crore a year back.
The Noida-headquartered firm reported operating revenue of Rs 2,264 crore in the March quarter, up 18% from Rs 1,912 crore a year back.
In terms of its quarterly profits, the March quarter net profit jumped to Rs 183 crore compared to a net loss of Rs 545 crore a year back.
In terms of its major expenses, the firm slightly pushed up its marketing expenses to Rs 169 crore for the quarter compared to Rs 143 crore a year back. Overall expenses stood at Rs 2,269 crore, compared to Rs 2,155 crore a year back.
Paytm also said that the new labour laws have resulted in an increase of Rs 12 crore in its overall wage-related expenses for the year ended March 2026. Out of its total IPO proceeds of Rs 8,500 crore, the payments firm said that it has used up Rs 6,133 crore for its technology investments, general corporate purposes and has invested Rs 14 crore in new acquisition and partnership opportunities.
The company further disclosed that Paytm sold its offline merchant payment business to its wholly owned subsidiary Paytm Payment Services for a valuation of Rs 975 crore. However, the business was sold from one company entity to another, thereby resulting in no impact on the firm's overall financial position.
