Overview
- One97 reported a parent net profit of about ₹225 crore for the quarter ended December 31, with operating revenue up 20% to ₹2,194 crore and GMV rising 24% to ₹6.2 lakh crore.
- Payments revenue grew roughly 19–21% year-on-year and financial-services distribution rose 34%, while EBITDA reached ₹156 crore as total expenses declined about 2%.
- The company booked ₹216 crore from RBI’s PIDF for the nine months to December, and the stock fell roughly 3–5% on worries about the scheme not extending beyond 2025.
- The board approved shifting the offline merchant business into Paytm Payment Services Ltd and named founder Vijay Shekhar Sharma as PPSL’s MD and CEO for a five-year term; the unit also won approvals to operate as a payment aggregator online, for physical payments and cross-border transactions.
- Some coverage cited a higher quarterly profit of about ₹266 crore linked to an exceptional gain from a PayPay stake sale, differing from the company’s reported ₹225 crore figure.