Paytm turns worthwhile: Fintech agency posts Rs 122.5 crore Q1 web revenue, pushed by price cuts and funds development

Fintech main One97 Communications, which operates beneath the Paytm model, reported its first-ever consolidated web revenue of Rs 122.5 crore within the quarter ended June 2025 (Q1 FY26), helped by price optimisation and an increase in cost revenues, the corporate stated in an announcement on Tuesday.The agency had posted a web lack of Rs 840 crore in the identical quarter final 12 months, PTI reported.“EBITDA and PAT turned worthwhile at Rs 72 crore and Rs 123 crore respectively, demonstrating AI-led working leverage, disciplined price construction and better different earnings,” Paytm stated.The corporate introduced down advertising and marketing and promotional bills by greater than half to Rs 99.8 crore from Rs 221.4 crore a 12 months in the past. Worker profit bills additionally fell sharply, dropping by about Rs 300 crore to Rs 643 crore from Rs 952.5 crore within the year-ago interval.Whereas gross sales worker prices rose 19% YoY to Rs 266 crore, the corporate recorded a 28% decline in non-sales worker prices to Rs 346 crore, citing adoption of AI in numerous processes as a key driver. The common variety of gross sales workers rose 23% YoY to 38,945.Income from operations for the quarter grew 28% YoY to Rs 1,917.5 crore, in comparison with Rs 1,501.6 crore in Q1 FY25, supported by a rise in cost processing margins.Income from cost companies, together with different working earnings, rose 23% YoY to Rs 1,110 crore, whereas web cost income jumped 38% YoY to Rs 529 crore because of improved margins and system development.The corporate reported a 27% improve in gross merchandise worth (GMV), reaching Rs 5.39 lakh crore in the course of the quarter. Service provider subscriptions hit an all-time excessive of 1.3 crore, up 21 lakh YoY, pushed by improved gadgets and repair networks.“To additional strengthen tier-1 market place and increase in tier-2 and tier-3 cities, we’re investing in increasing our gross sales community (gross sales folks prices are up 19 per cent YoY),” the corporate stated.The common month-to-month transacting customers (MTU) base touched 7.4 crore within the reported quarter.Income from monetary companies distribution doubled YoY to Rs 561 crore, led by service provider loans, path income from the DLG (Default Loss Assure) portfolio, and higher asset high quality.Paytm additionally reported a pointy 88% drop in ESOP prices to Rs 30 crore from Rs 247 crore a 12 months in the past and Rs 169 crore within the March 2025 quarter. Within the earlier quarter, CEO Vijay Shekhar Sharma had voluntarily surrendered his ESOPs, main to a price adjustment.