
Paytm Turns Profitable: Rs 123 Cr PAT In Q1FY26 After Rs 840 Cr Loss Last Year
One97 Communications Ltd, parent of Paytm, reported a net profit of Rs 123 crore for Q1 FY 2025-26, reversing a Rs 840 crore loss from a year ago.
Paytm Shares Price:
Paytm Q1FY26 Results: In a remarkable turnaround, One97 Communications Ltd, the parent of fintech Paytm, on Tuesday reported a net profit of Rs 123 crore for the first quarter of the financial year 2025-26, compared to a loss of Rs 840 crore a year ago. It is driven by AI-led operating leverage, disciplined cost structure and higher other
income, said the company.
The fintech major's operating revenue rose 28% year-on-year to Rs 1,918 crore during the quarter ended June 30, 2025.
The company's contribution profit stood at Rs 1,151 crore, up 52% YoY, with a contribution margin of 60%. This growth was led by improved net payment revenues, a stronger financial services portfolio, and reduced direct expenses. Paytm also reported a positive EBITDA of Rs 72 crore — a margin of 4% — indicating early signs of sustainable profitability.
view comments
First Published:
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
14 minutes ago
- India.com
Big blow to Elon Musk, Indian govt limits Starlink connections to…, good news for Mukesh Ambani's Jio, Sunil Mittal's Airtel because…
Billionaire Elon Musk-led satellite communications company Starlink will be limited to a maximum of 20 lakh connections in India, Union Minister Pemmasani Chandra Sekhar said on Monday, downplaying concerns over its impact on state-run BSNL and other telecom operators. The Minister of State for Telecom made the remarks while speaking on the sidelines of a BSNL review meeting. 'Starlink can have only 20 lakh customers in India and offer up to 200 Mbps speed. That won't affect telecom services,' the minister said. What Will Satcom Services Do? Satcom services are expected to target rural and remote areas where BSNL is known to have a significant presence..A government official mentioned that the limit on Starlink connections is due to its existing capacity. The minister said that the upfront cost for satcom services will be too high and the monthly cost may be around Rs 3,000. The minister also said that BSNL 4G rollout is complete and it does not plan to increase tariffs as of now. 'We want market first. There are no tariff hikes planned,' he said. What Minister Said On BSNL Future Plans? The minister said that BSNL has seen a 20-30 per cent increase in revenue in the first quarter of the current fiscal year due to the rollout of 4G services and technology is settling down. 'Earlier, there were some technical issues but over 90 per cent of them have been sorted out. There were issues around power stations. 30,000 power stations have been replaced with an expenditure of around Rs 600-700 crore,' Pemmasani said, adding that improvement in power supplies has resulted in higher uptime for BSNL networks and enhanced customer's experience. 'Each circle is being given individual targets in terms of increasing subscriber base,' he said, adding that BSNL has had a lot of legacy issues that are being resolved now. When asked about the status of Chinese equipment in BSNL, the minister said that the government plans to continue using indigenous technologies in the state-run firm and it will gradually phase out 2G and 3G equipment and do away with the need for maintenance of that equipment. BSNL has installed 2G and 3G technology using some of the equipment from Chinese vendors, including ZTE. (With Inputs From PTI)

New Indian Express
18 minutes ago
- New Indian Express
Govt collected Rs 22.21 lakh crore cess during FY2020-25
The government has transferred Rs 24.29 lakh crore cess proceeds to various designated reserve funds during 2019-20 to 2024-25 as against total collection of about Rs 22.21 lakh crore, the finance ministry informed parliament on Tuesday. Responding to a question by Trinamool Congress MP Sushmita Dev, Minister of state for Finance Pankaj Choudhary told Rajya Sabha that the proceeds of such surcharge and cess go towards meeting certain specific needs such as financing of centrally sponsored schemes. The minister did not explain the excess utilisation of taxes over total collection. However, economists said that the same could be due to borrowings by the central government to compensate the states for losses due to implementation of GST. 'The benefits of such expenditure also percolate to the states,' said the minister to a question if the government is considering including them in the divisible pool of taxes shared with the states. Article 270 of the Indian Constitution excludes the surcharge on taxes and duties and any cess levied for specific purposes under any law made by Parliament from the distribution between the Union and states. The minister tabled a chart in parliament showing various cess and surcharge collected from 2020-21 till 2024-25, and the estimated collection for 2025-26. From 2020-21 to 2024-25, the total cess and surcharge collected was Rs 19.4 lakh crore, a third of which has been collected through GST compensation cess. Road and infra cess, which also includes additional duty of excise on petrol and diesel (which were known as road cess before introduction of road and infrastructure cess), accounted for 30% of the total collection of cess and surcharge, health and education cess, and agri infra development cess accounted for 16% each. Cess and surcharge collected through corporate and income tax accounted for Rs 4 lakh crore during 2020-21 to 2024-25.


News18
19 minutes ago
- News18
Ahead of IPO, NSDL raises Rs 1,201 crore from anchor investors
New Delhi, Jul 29 (PTI) The National Securities Depository Ltd. (NSDL) mobilised over Rs 1,201 crore from institutional investors on Tuesday, a day before its initial share-sale opening for public subscription. This anchor portion witnessed participation from domestic and foreign institutional investors, including Life Insurance Corporation of India (LIC), Smallcap World Fund Inc, SBI Mutual Fund (MF), Fidelity Funds and Nippon India MF, according to a circular uploaded on the BSE's website. SBI Life Insurance Company and HDFC Life Insurance Company, Abu Dhabi Investment Authority, Ashoka WhiteOak India Opportunities Fund, ICICI Prudential MF and HDFC MF are also among the investors. Of these, LIC was the largest investor, picking up nearly 18 lakh shares, amounting to 11.99 per cent of the total anchor book, for Rs 144 crore. According to the circular, NSDL has allotted over 1.5 crore equity shares to 61 funds at Rs 800 apiece. This aggregates the transaction size to Rs 1,201.4 crore. The Rs 4,011-crore initial public offering (IPO) is scheduled to open on July 30 and conclude on August 1. The price band has been set at Rs 760 to Rs 800 per share. The depository's maiden public issue solely consists of offer-for-sale (OFS) component of 5.01 crore shares and those selling shares under this are — National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI). Since the public issue is entirely an OFS, NSDL will not receive any proceeds from the IPO. At the upper end of the price band, NSDL's maiden public issue is expected to fetch Rs 4,011 crore, valuing the company at Rs 16,000 crore. This upcoming listing will make NSDL the country's second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017. The listing of NSDL is crucial in order to comply with SEBI's ownership norms. These regulations require that no entity can hold more than 15 per cent of the shareholding in a depository company. NSDL's principal shareholders, IDBI Bank and the NSE, are required to reduce their stake in the company to comply with SEBI's rule. Currently, IDBI holds 26.10 per cent and NSE owns 24 per cent stake in NSDL, which exceeds the permissible limit. NSDL is a SEBI-registered market infrastructure institution offering a wide range of products and services to the financial and securities markets in India. Following the introduction of the Depositories Act in 1996, it pioneered the dematerialisation of securities in India in November 1996. For the full financial year 2024-25, the depository's net profit surged by 24.57 per cent to Rs 343 crore and total income rose to Rs 1,535 crore, a 12.41 per cent increase over FY 2023-24. The company announced that half of the issue size has been reserved for qualified institutional buyers, 35 per cent for retail investors and the remaining 15 per cent for non-institutional buyers. Investors can bid for a minimum lot size of 18 shares and in multiples of 18 thereafter. Investors are required to make a minimum investment of Rs 14,400 to avail one lot of shares. ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), IDBI Capital Markets & Securities, Motilal Oswal Investment Advisors and SBI Capital Markets are the book running lead managers to the issue. Shares of NSDL are expected to list on August 6. PTI SP DIV view comments First Published: July 30, 2025, 00:15 IST News agency-feeds Ahead of IPO, NSDL raises Rs 1,201 crore from anchor investors Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.