Paytm turns profitable: Fintech firm posts Rs 122.5 crore Q1 net profit, driven by cost cuts and payments growth
Paytm achieved its first-ever consolidated net profit of Rs 122.5 crore in Q1 FY26, a significant turnaround from a loss of Rs 840 crore in the previous year. This profitability was driven by cost optimization, increased payment revenues, and AI-led operating leverage. The company saw revenue growth, a surge in merchant subscriptions, and a doubling of financial services distribution revenue.
Paytm achieved its first-ever consolidated net profit of Rs 122.5 crore in Q1 FY26, a significant turnaround from a loss of Rs 840 crore in the previous year. This profitability was driven by cost optimization, increased payment revenues, and AI-led operating leverage. The company saw revenue growth, a surge in merchant subscriptions, and a doubling of financial services distribution revenue.
