One 97 Communications Limited — Important, 22-07-2025: Updates

Paytm achieved a significant milestone, turning profitable with ₹123 Cr PAT and ₹72 Cr EBITDA for the quarter. Operating revenue grew 28% YoY to ₹1,918 Cr, driven by robust growth in merchant subscriptions (now 1.30 Cr) and financial services distribution, which surged 100% YoY to ₹561 Cr. Net payment revenue also rose 38% YoY to ₹529 Cr. Gross Merchandise Value (GMV) increased 27% YoY to ₹5.39 Lakh Cr. The company's cash balance stands at ₹12,872 Cr. A strategic shift to non-DLG lending is notable, impacting future financial services revenue growth but reducing upfront costs. AI integration is enhancing operations and driving efficiency.