Vijay Shekhar Sharma’s resilience fuels the rise of India’s merchant payments champion

Paytm (One 97 Communications Limited), India’s full-stack merchant payments leader serving micro, small and medium enterprises (MSMEs) and enterprises, has delivered a strong Q1 FY26 earnings result with a Profit After Tax (PAT) of ₹123 Cr, marking a significant milestone as the company achieved full profitability across all key financial metrics. This performance underlines the long-term vision of founder and CEO Vijay Shekhar Sharma, who has built Paytm into India’s most trusted payment app by focusing on merchants and a technology-led payments infrastructure.