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Paytm reports Rs 2,648 Cr revenue in Q2 FY27; profit jumps 10.7X

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Paytm reports Rs 2,648 Cr revenue in Q2 FY27; profit jumps 10.7X

Fintech firm One97 Communications, which operates Paytm, announced its financial results for the second quarter of FY27 on Monday. The company’s profit increased 10.7 times year-on-year to Rs 225 crore, while revenue from operations grew 28.5% in the quarter.

According to its unaudited quarterly results filed with the National Stock Exchange (NSE), Paytm’s operating revenue stood at Rs 2,648 crore in Q2 FY27, compared with Rs 2,061 crore in the corresponding quarter last year.

Payment services remained Paytm’s largest revenue contributor, with revenue from the segment rising over 25% year-on-year to Rs 1,434 crore in Q2 FY27. The segment accounted for more than 54% of the company’s operating revenue. Revenue from financial services distribution and marketing services stood at Rs 912 crore and Rs 287 crore, respectively.

Paytm also earned Rs 182 crore from non-operating sources during the quarter, taking its total income to Rs 2,830 crore in Q2 FY27.

On a sequential basis, Paytm’s revenue increased 8% from Rs 2,448 crore in Q1 FY27.

Payment processing charges remained Paytm’s largest expense in Q2 FY27, at nearly 32% of its total costs. This expense rose 28% year-on-year to Rs 805 crore. Employee benefit expenses stood at Rs 759 crore, up over 14% from the same quarter last year.

Marketing expenses increased 59% year-on-year to Rs 194 crore in Q2 FY27. Software, cloud, communication, legal, cashback, and other overhead expenses drove total expenditure to Rs 2,531 crore during the quarter, compared to Rs 2,062 crore in the year-ago period.

7 times year-on-year to Rs 225 crore in Q2 FY27 from Rs 21 crore in the corresponding quarter last year.


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