One 97 Communications Limited has informed the Exchange regarding Appointment of Ms. Manisha Raj Raisinghani as Non- Executive Independent Director of the Company w.e.f. November 04, 2025.
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Paytm reported consolidated revenue from operations of Rs 2,061 crore for Q2 FY26, up about 24% year-on-year from Rs 1,659 crore, with H1 FY26 revenue rising 26% to Rs 3,979 crore. Consolidated profit for the quarter was Rs 21 crore versus Rs 930 crore in the year-ago period, when the base included a one-time Rs 1,345 crore gain from the sale of its ticketing business to Zomato. The company recorded a Rs 190 crore exceptional loss in Q2 due to impairment of a loan given to its gaming joint venture (First Games Technology) following the new Online Gaming Act. On a standalone basis, Paytm swung to a Rs 264 crore loss in Q2, partly on impairments of investments in subsidiaries and associates. The board also approved investing up to Rs 2,250 crore into wholly-owned subsidiary Paytm Payments Services Limited (PPSL) to fund its offline merchant payments acquisition and working capital, and appointed Ms. Manisha Raj Raisinghani as a Non-Executive Independent Director for five years.
Operating revenue continues to grow strongly and PPSL's in-principal RBI approval removes a key regulatory overhang, while the Rs 2,250 crore infusion signals confidence in the payments subsidiary's growth. However, the Q2 results are weighed down by gaming-related impairment and standalone losses, so near-term stock reaction may depend on how investors view the underlying growth versus one-time charges.