Paytm net profit rises over 10-fold to Rs 225cr in Q2

NEW DELHI: One 97 Communications, the parent company that operates the brand Paytm, reported an over 10-fold rise in profit after tax to Rs 225 crore in the Sept quarter (Q2 FY27), from Rs 21 crore a year ago, on a reported basis, marking its sixth consecutive profitable quarter. Operating revenue rose 28% YoY to Rs 2,648 crore, driven by sustained momentum across merchant and consumer businesses, expanded monetisation and AI adoption.You use AI every day. Now get your AI Quotient. Take the AIQ test.