Paytm posts record ₹203 crore Q1 EBITDA as merchant payments and financial services grow
One97 Communications reported Q1 revenue of ₹2,448 crore, up 28% year on year, while PAT rose 79% to ₹220 crore. Merchant GMV reached ₹7.1 lakh crore and financial-services distribution revenue grew 45%, supporting its highest-ever quarterly EBITDA.
Paytm reported record Q1 EBITDA of Rs 203 crore and PAT of Rs 220 crore, driven by merchant payments, financial-services distribution and UPI growth. Merchant GMV reached Rs 7.1 lakh crore, while monthly transacting users rose to 8 crore.
Why this matters
Paytm’s record Q1 EBITDA follows a profit beat that prompted Goldman Sachs and Citi to raise target prices, extending a pattern of improving profitability alongside payments and financial-services growth.
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