Paytm in focus after highest-ever quarterly EBITDA; Q1 profit jumps 79%

Paytm’s parent company One97 Communications share price traded 0.56% higher during the early trade on July 21 after the company reported its highest-ever quarterly EBITDA, backed by strong growth across merchant payments, financial services and consumer payments. SBI Securities said the quarterly performance points to sustained earnings momentum.

Record EBITDA and profit mark a strong quarter

One97 Communications reported revenue of Rs 2,448 crore for the June quarter, up 28% year-on-year, while EBITDA surged 182% to a record Rs 203 crore. Profit after tax climbed 79% to Rs 220 crore, supported by higher payment volumes, expanding financial services revenue and operating efficiencies driven by AI. The company said EBITDA margin expanded to 8% during the quarter.