Fintech major One97 Communications, the parent company of Paytm, announced its financial results for the first quarter of FY27 on Monday. The company reported a 79% year-on-year increase in profit to Rs 220 crore, while its revenue from operations rose more than 27% during the period. Paytm’s revenue from operations rose to Rs 2,448 in Q1 FY27 crore from Rs 1,918 crore in Q1 FY26, according to its unaudited quarterly report filed with the National Stock Exchange (NSE). Revenue from payment services contributed more than 56% of Paytm’s operating revenue and grew over 32% year-on-year to Rs 1,384 crore in Q1 FY27. Revenue from the distribution of financial services and marketing services stood at Rs 814 crore and Rs 239 crore, respectively. The company also recorded Rs 182 crore from non-operating sources, pushing its total income to Rs 2,630 crore in Q1 FY27. On a sequential basis, Paytm’s revenue increased 8% fromRs 2,264 crorein Q4 FY26. For the fintech firm, payment processing charges emerged as the largest expense, accounting for more than 33% of its total costs. This expenditure increased 36% year-on-year to Rs 794 crore. Employee benefit expenses followed at Rs 742 crore, up nearly 16% during the period. Marketing expenses increased 69% year-on-year to Rs 169 crore in Q1 FY27. Software, cloud, communication, legal, cashback, and other overhead expenses drove total expenditure to Rs 2,383 crore during the quarter, compared to Rs 2,016 crore in the year-ago period. After achieving full-year profitability in the previous fiscal year, Paytm began FY27 on a strong note, with its profit surging 79% year-on-year to Rs 220 crore in Q1 FY27 from Rs 123 crore in Q1 FY26. Paytm also rolled out fresh employee stock options (ESOPs) worth nearly Rs 208, covering 15.42 lakh equity shares under its ESOP 2019 scheme, according to a separate NSE disclosure. At the end of today’s trading session, Paytm’s share price closed at Rs 1,348.5, with a total market capitalization of Rs 86,396 crore or ($9.09 billion). Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
