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Paytm shares jump 6% after first-ever annual profit
07 May 2026

Shares of One97 Communications, the parent company of Paytm, surged nearly 6% in early trade on Thursday.

The spike came after the fintech giant posted a profit for the March quarter as well as its first-ever full-year profit.

The stock hit an intraday high of ₹1,181 on the NSE before trading at ₹1,174.60—up from its previous close of ₹1,110.6.

What did Paytm's March quarter earnings reveal?
Financial turnaround

For the quarter ending March 2026, Paytm reported a consolidated profit of ₹183 crore, compared to a loss of ₹545 crore in the same period last year.

The company's consolidated revenue from operations also grew by 18.4% year-on-year to ₹2,264 crore in Q4 FY26, up from ₹1,912 crore a year ago.

For the full financial year FY26, Paytm posted a consolidated profit of ₹552 crore against a loss of ₹663 crore in FY25.

Target prices of brokerages post Q4 results
Market outlook

Brokerages have remained positive on Paytm's improving profitability and resilient payments business.

Citi maintained a 'buy' rating with a target price of ₹1,375, noting that Q4 core payment margins excluding subsidies continued to improve while the merchant business momentum remained robust.

Jefferies also kept a 'buy' rating with a target price of ₹1,350, highlighting revenue momentum offsetting the absence of PIDF and UPI incentives.