Paytm FY26 Revenue Jumps 22% to ₹8,437 Crore

Business MInutes

Paytm (One 97 Communications Limited), India’s leading payments and financial services distribution company, reported its first full-year profitability in FY26. The company posted annual revenue of ₹8,437 crore, marking a 22% year-on-year growth, while EBITDA stood at ₹502 crore and PAT reached ₹552 crore. The strong performance was driven by market share gains in consumer and merchant payments along with AI-led cost efficiencies.


For the quarter ended March 2026, operating revenue stood at ₹2,264 crore, up 18% YoY on a reported basis and 26% YoY on a comparable basis, while EBITDA came in at ₹132 crore. Merchant GMV grew 27% YoY to ₹6.5 lakh crore, and subscription merchants increased to 1.51 crore with net additions of 27 lakh merchants year-on-year.


Revenue from distribution of financial services rose 38% YoY to ₹750 crore, supported by strong growth in merchant loans, consumer loans and wealth products. The company also strengthened its position in consumer payments, with customer UPI GTV rising 46% YoY to ₹5.5 lakh crore, growing 2.2 times faster than the industry, while average monthly transacting users increased by 50 lakh YoY to 7.7 crore.


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