Paytm shares jump 7% after maiden annual profit of ₹552 crore in FY26

Shares of One97 Communications, the parent company of Paytm, surged nearly 7% in intraday trade on Thursday after the fintech major reported its maiden annual net profit for the financial year ended March 31, 2026. The strong performance was driven by robust growth in payment transaction volumes and value, rising merchant subscriptions for its soundbox devices, and higher distribution of financial services, particularly personal and merchant loans.

Boosted by the earnings report, Paytm shares climbed as much as 6.85% to ₹1,186.25 on the BSE, with its market capitalisation rising to ₹75,060 crore. The fintech heavyweight opened 4.5% higher at ₹1,160.20 against the previous closing price of ₹1,110.20.

Paytm shares touched a 52-week high of ₹1,381.75 on December 2, 2025, and a 52-week low of ₹803.10 on May 7, 2025. The large-cap stock has delivered a return of 14% over the past one month, though it lost more than 9% in calendar year 2026. Over the last six months, the stock has declined 13%, while gaining 34% over the past year.

Technically, Paytm shares are trading above their 5-day, 20-day, 50-day, and 100-day moving averages, but remain below the 200-day moving average.

Reports maiden annual net profit in FY26

The Noida-based company reported its first annual net profit of ₹552 crore in FY26, compared with a loss of ₹663 crore in the previous fiscal. Revenue from operations rose 22% to ₹8,437 crore during the year, compared with ₹6,900 crore in FY25.

For the January-March quarter, the Vijay Shekhar Sharma-led fintech major posted a consolidated net profit of ₹183 crore, marking a sharp turnaround from the loss reported in the year-ago period. Revenue from operations for the quarter increased 18.4% year-on-year to ₹2,264 crore from ₹1,912 crore in Q4FY25, driven by continued growth in payments and financial services distribution.

At the operating level, Paytm reported EBITDA (before ESOP cost) of ₹132 crore for the quarter, compared with a loss of ₹88 crore in the same period last year.

“The revenue cadence indicates that throughput-driven growth in payments and financial services has held firm even as treasury-led other income normalises,” said Abhinav Tiwari.

Recently, the Reserve Bank of India cancelled the banking licence of Paytm Payments Bank Limited (PPBL), an associate company of One97 Communications. The RBI had earlier directed PPBL to stop accepting deposits from January 31, 2024, and the latest move formally ends its banking operations.

According to Tiwari, the cancellation of PPBL’s banking licence by the RBI on April 24, 2026, will have no direct financial or operational impact on Paytm, since the company had fully impaired its investment in PPBL as of March 2024 and no longer has business arrangements with the payments bank.

Domestic brokerage Emkay Global Financial Services, in a recent report, said it does not expect any financial or operational impact on One97 Communications, as all commercial agreements between Paytm and PPBL were terminated by March 2024 and the equity investment had already been fully impaired as of March 31, 2024. It added that the listed entity remains “legally ring-fenced” from the payments bank.

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