Paytm, or One97 Communications Ltd, said operating revenue jumped 24% for Q2 FY26 to Rs 2,061 crore. Despite strong growth in its payments and financial services businesses, the net profit of the company plunged 98% YoY due to a one-time gain in the same period a year ago and an impairment loss related to its gaming joint venture. Here’s a simplified breakdown of Paytm’s performance for the quarter ended September 2025.
Financial Highlights
Metric
Q2 FY26 Actual
Q2 FY25 Actual
YoY Change
Revenue from Operations
Rs 2,061 crore
Rs 1,659 crore
+24%
Total Revenue
Rs 2,283 crore
Not provided
–
Net Profit
Rs 21 crore
Rs 930 crore
-98%
Revenue Breakdown
Segment
Q2 FY26 Actual
YoY Growth
Payment Revenue
Rs 1,146 crore
+21%
Financial Services Revenue
Rs 611 crore
+63%
Other Non-Operating Income
Rs 222 crore
–
Expenditures
Category
Q2 FY26 Actual
% of Total Expenditure
Employee Benefits
Rs 663 crore
32%
Payment Processing Charges
Rs 629 crore
–
Total Expenditure
Rs 2,062 crore
–
Exceptional Charge
Charge
Amount
Reason
Impairment Loss
Rs 190 crore
Gaming JV impairment (First Games Technology) due to new gaming regulations
