Paytm Q1 Results: Net profit jumps 79%, revenue up 28%; board opts not to proceed with bonus shares

Paytm (One97 Communications) reported a strong Q1 FY27 with consolidated revenue up 28 percent year-on-year at around Rs 2,448 crore and net profit surging 79 percent to Rs 220 crore. EBITDA jumped 182 percent YoY to Rs 203 crore with margin expanding to 8 percent from 4 percent, driven by 33 percent growth in payment services revenue to Rs 1,384 crore and 45 percent growth in financial services distribution revenue to Rs 814 crore. The Board also reviewed and decided not to proceed with the proposed bonus share issue, prioritising reinvestment for growth.