Paytm board rejects bonus-share proposal as Q1 profit jumps 78.8%
One 97 Communications’ board rejected a proposed bonus share issue, opting to focus on growth and profitability. The decision followed Q1 FY27 net profit rising 78.8% to ₹220 Cr and operating revenue increasing 27.6% to ₹2,448 Cr.
Paytm’s board rejected a proposed bonus share issue, choosing to focus on growth and profitability. The decision followed Q1 FY27 results showing net profit up 78.8% to ₹220 Cr and operating revenue up 27.6% to ₹2,448 Cr.
Why this matters
Paytm’s latest result follows recent signals showing ₹220 Cr in Q1 FY27 profit and roughly 28% revenue growth, while related coverage reported that the bonus-share plan was dropped.
Retail-company trend is accelerating at +931800% QoQ.