One 97 Communications Q1 FY27: Revenue Rs 2,448 Cr (up 28% YoY), EBITDA Rs 203 Cr (up 182% YoY)
Paytm reported Q1 FY27 results with revenue at ₹2,448 Cr (up 28% YoY) and EBITDA at ₹203 Cr (up 182% YoY). GMV grew 31% YoY to ₹7.1 lakh Cr, and MTU reached 8 Cr. The company secured a Payment Institution License in Luxembourg and is expanding in Indonesia.
The strong financial performance, significant YoY growth in revenue and EBITDA, and strategic international expansion indicate a substantial positive impact on the company's valuation and market position.
The company reported strong YoY growth in revenue and EBITDA, with significant improvements in key operational metrics like GMV and MTU. Expansion into new markets and AI-driven efficiency gains further contribute to a positive outlook.
One 97 Communications Limited (Paytm) announced its financial results for the quarter ended June 30, 2026 (Q1 FY2027), showcasing strong growth across its payment and financial services businesses. The company reported a significant increase in revenue, reaching ₹2,448 crore, a 28% rise year-on-year (YoY) and an 8% increase quarter-on-quarter (QoQ).
EBITDA surged by 182% YoY and 54% QoQ to ₹203 crore, driven by accelerated growth and margin expansion, with AI playing a crucial role in optimizing operations and enhancing efficiency. Revenue growth significantly outpaced indirect expense growth, leading to an improved EBITDA margin of 8% from 4% YoY.
The merchant payments business demonstrated robust growth with GMV increasing by 31% YoY to ₹7.1 lakh crore, and payment processing margins improving to over 4 basis points. The number of merchants on subscription plans reached 1.57 crore, a YoY increase of 27 lakh devices.
Consumer payments also showed strong momentum, with Monthly Transacting Users (MTU) expanding by 60 lakh YoY to 8 crore. Consumer payments GMV grew by 45% YoY to ₹5.9 lakh crore, outpacing industry growth by 2.2x.
The high-margin merchant loan distribution business continued to compound, with over 50% of disbursements to repeat borrowers. Consumer loan distribution, including Paytm Postpaid and personal loans, also saw significant growth. Financial services revenue increased by 45% YoY to ₹814 crore.
Paytm is expanding its international presence, with its subsidiary Paytm Europe Payments S.A. receiving a Payment Institution License in Luxembourg. The company also entered into a partnership in Indonesia to provide device hardware and technology.
Looking ahead, Paytm is confident in achieving higher EBITDA margins, with AI-driven operating leverage expected to drive further profitability. The company maintains a strong balance sheet with a cash balance of ₹13,529 crore, providing strategic flexibility for future opportunities.
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