Paytm Q1 profit rises 83% to ₹220 crore as revenue grows 27.6%
One 97 Communications reported Q1FY27 revenue from operations of ₹2,448 crore, supported by merchant payments and loan distribution. The company also approved up to ₹100 crore of additional investment in Paytm Money, while brokerages raised target prices despite margin concerns.
Paytm reported an 83% rise in Q1FY27 profit and 27.6% revenue growth, driven by offline and online merchant gains and loan distribution. It approved up to ₹100 crore for Paytm Money; brokerages lifted targets despite margin and expense concerns.
Why this matters
The earnings follow Paytm's decision to scrap a bonus issue and redirect IPO proceeds toward growth, including up to ₹100 crore for Paytm Money. They also build on a prior signal citing payments, Soundbox and lending-led Q1 growth.
Retail-company signals are accelerating, up 943300% QoQ.