Paytm share price today: One 97 Communications stock up over 3%; fintech platform posts Rs 122 crore profit
Paytm share price today: One 97 Communications, Paytm's parent firm, saw its stock price increase by 3.5% on Wednesday, reaching a new 52-week peak of Rs 1,090 on BSE. The share price rise comes on the back of the company achieving a significant milestone by reporting a consolidated net profit of Rs 122.5 crore in Q1FY26, contrasting with its Rs 839 crore loss during the same period last year.
The company's operational revenue showed substantial growth, increasing by 28% year-on-year to Rs 1,917 crore from Rs 1,502 crore in Q1FY25. The sequential growth remained modest at 0.3% compared to Rs 1,911 crore in Q4FY25, during which the company recorded a net loss of Rs 540 crore, according to an ET report.
The 28% year-on-year operational revenue growth was attributed to increased subscription-based merchants, enhanced Gross Merchandise Value (GMV), and expanded revenue from financial services distribution.
The contribution profit demonstrated strong performance with a 52% year-on-year increase to Rs 1,151 crore. The contribution margin reached 60%, showing a 10 percentage point improvement, primarily due to enhanced net payment revenue, increased financial services revenue share, and reduced direct expenses.
The company achieved profitability with EBITDA at Rs 72 crore (4% margin) and PAT at Rs 123 crore. This positive performance was attributed to AI-driven operating efficiency, structured cost management, and increased other income, as stated in the company's filing.
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The organisation maintained a robust cash position of Rs 12,872 crore, providing financial flexibility to enhance merchant payment services, expand financial services distribution, and advance AI-driven innovations.
Payment revenue showed a significant increase of 38% year-over-year, reaching Rs 529 crore, attributed to expanding premium subscription merchants and enhanced payment processing margins.
Financial services distribution revenue doubled year-over-year to Rs 561 crore, supported by expanded merchant lending activities, increased trail revenue from Default Loss Guarantee (DLG) portfolio, and superior collection efficiency.
The company, under Vijay Shekhar Sharma's leadership, stated its "undisputed leadership" in the merchant payments sector during the quarter, with 1.30 crore merchant device subscriptions spanning across MSMEs and enterprise payment merchants.
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