Paytm shares climb over 3% as company swings to Rs 122 crore profit from YoY loss

Shares of One 97 Communications, the parent company of fintech platform Paytm, surged 3.5% to hit a new 52-week high of Rs 1,090 on BSE on Wednesday, after the company reported a consolidated net profit of Rs 122.5 crore for Q1FY26 – marking a turnaround from a loss of Rs 839 crore in the same quarter last year.

Revenue from operations rose 28% year-on-year (YoY) to Rs 1,917 crore, up from Rs 1,502 crore in Q1FY25. On a sequential basis, topline growth was marginal at 0.3%, compared to Rs 1,911 crore in Q4FY25, when the company had posted a net loss of Rs 540 crore.