Overview
- Shares of One97 Communications, which rose more than 6% Thursday, jumped after Paytm posted a ₹183 crore Q4 profit and a ₹552 crore profit for FY26.
- Revenue grew 18% year on year to ₹2,264 crore in the March quarter, and full‑year revenue reached ₹8,437 crore as EBITDA turned positive on tighter costs.
- Growth came from core payments and financial services as merchant gross transaction value rose 27% to ₹6.5 lakh crore and monthly transacting users reached 7.7 crore.
- Management ruled out seeking a non‑bank lender licence and said Paytm will keep a partner‑led lending model while stepping up investment in artificial intelligence.
- Top brokerages raised targets after the earnings beat, even as the RBI’s April 24 cancellation of Paytm Payments Bank’s licence leaves a live regulatory risk.