Announced Tue, 22 Jul · 16:09 IST

Consolidated and Standalone Unaudited Financial Results for the quarter ended June 30, 2025

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionExceptional ItemEmphasis Of MatterContingent Liabilities IncreasedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paytm reported a strong Q1 FY26 with consolidated revenue from operations of ₹19,175 crore, up ~28% year-on-year from ₹15,016 crore. The company swung to a consolidated profit of ₹1,225 crore from a loss of ₹8,401 crore in the same quarter last year, driven by sharp cost cuts — employee expenses fell to ₹6,426 crore (from ₹9,525 crore) and marketing spend dropped to ₹998 crore (from ₹2,214 crore). Standalone revenue grew ~38% YoY to ₹15,862 crore with a profit of ₹632 crore versus a loss of ₹8,246 crore. EPS stood at ₹1.92 (consolidated) and ₹0.99 (standalone). The auditor flagged three emphasis-of-matter items: a FEMA show-cause notice of ~₹6,111 crore, a ₹57,120 crore GST demand on its gaming JV First Games Technology (stayed by the Supreme Court), and the ongoing RBI application for Paytm Payments Services.

Likely market impact

A decisive return to profitability with double-digit revenue growth signals improving unit economics and cost discipline, likely to be viewed positively by the market. However, shareholders should keep an eye on the large contingent liabilities from the FEMA and GST notices, even though management is contesting them and the GST case is currently stayed.