Paytm, a fintech company, released its financial results for the third quarter of the current fiscal year (Q3 FY26). For the period, the Noida-based business reported revenue of Rs 2,194 crore and a net profit of Rs 225 crore.
Key Highlights
- Paytm reports strong Q3 FY26 performance with Rs 2,194 crore revenue, reflecting sustained growth across core fintech segments.
- Company posts Rs 225 crore profit, marking improved profitability driven by operating leverage and disciplined cost management.
Paytm's revenue from operations climbed by 20% year over year from Rs 1,828 crore in Q3 FY25, according to its unaudited quarterly report submitted to the National Stock Exchange.
In Q3 FY26, the company's total revenue reached Rs 2,406 crore after adding Rs 212 crore from other non-operating sources. Paytm's revenue for the nine-month period increased by 24% to Rs 6,173 crore from Rs 4,989 crore in the same time last year.
Employee benefits continued to be the Noida-based company's biggest cost center, making up 33% of total expenses, which dropped by 5% to Rs 721 crore in Q3 FY26.
In Q3 FY26, its marketing costs rose by 3.5% to Rs 146 crore, while its payment processing fees rose by 17.5% to Rs 671 crore. Compared to Rs 2,220 crore in Q3 FY25, the overall expense in Q3 FY26 was Rs 2,175 crore due to software, communication, legal, cashback, and other overheads.
Compared to a loss of Rs 208 crore in Q3 FY25, Paytm reported a net profit of Rs 225 crore in Q3 FY26. Sequentially, the company's earnings rose from Rs 21 crore in Q2 FY26 to more than ten times that amount.
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The company had a busy quarter since it was given permission by the RBI to function as a payment aggregator for cross-border transactions and offline or physical payments. Additionally, under its ESOP Scheme 2019, the company awarded ESOPs valued at Rs 16.6 crore and Rs 60 crore.
Elevation Capital (previously SAIF Partners) sold a 1.86% interest in the fintech giant Paytm in a bulk deal valued at Rs 1,556 crore, resulting in another notable shareholder move. Five days later, BNP Paribas sold one crore Paytm shares for Rs 1,331 crore. In addition, 32.55 lakh shares valued at Rs 410 crore were sold by Integrated Core Strategies.
Paytm's market capitalization was Rs 74,963 crore ($8 billion) as of January 29, with a share price of Rs 1,172.