Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%

Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore for the second quarter of FY27. The same stood at Rs 21 crore in the year-ago quarter. Revenue from operations in the reporting period rose 28% YoY to Rs 2,648 crore.

However, on a sequential basis, profit rose just 3% from Rs 220 crore posted in the preceding June quarter.

More to come…

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