Fintech News · 27 October 2026 · 3 min read
In short: One97 Communications, which runs Paytm, reported a net profit of ₹225 crore for July to September 2026 (Q2 FY27), up from ₹21 crore a year earlier and ₹220 crore in the previous quarter. Revenue from operations rose 28% to ₹2,648 crore. Payments made up ₹1,434 crore, more than half of revenue.
The key numbers
| Item | Q2 FY27 | Change |
|---|---|---|
| Revenue from operations | ₹2,648 crore | Up 28% from ₹2,061 crore; up 8% from ₹2,448 crore in Q1 |
| Net profit | ₹225 crore | From ₹21 crore a year ago |
| Payment services revenue | ₹1,434 crore | Up over 25% |
| Financial services distribution (loans etc.) | ₹912 crore | – |
| Marketing services | ₹287 crore | – |
| Total expenses | ₹2,531 crore | Up 23% |
| Profit, April to September | ₹491 crore | More than double |
Payment processing charges, the fees Paytm pays banks and networks to move money, were ₹805 crore, up 28%. Paytm’s shares closed at ₹1,654.7 on 26 October, giving a market value of about ₹1,06,250 crore, Entrackr reported.
What it means for you
- For UPI users: nothing changes in how you pay. Paying by UPI to a person stays free.
- The UPI fee question: a 0.4% merchant fee on some shop payments above ₹2,000 (capped at ₹300) has been put off until after Diwali, with no new date yet. SBI Chairman CS Setty said on 26 October that about 98% of transactions would not attract this fee. Read our earlier story on the UPI merchant charge delay.
- For loan seekers: Paytm earns ₹912 crore from distributing loans and other financial products. A loan shown in the app is given by a bank or NBFC partner, so check the lender’s name and the full interest cost.
- For investors: profits are rising, but one quarter does not make a trend. Read the full results and do not buy or sell on headlines alone.
What to watch next
NPCI’s new date for the UPI merchant fee, Paytm’s merchant device and lending numbers in its detailed investor update, and festive-season payment volumes. Track other deals on our fintech funding tracker.
Sources
- Entrackr: Paytm reports Rs 2,648 Cr revenue in Q2 FY27; profit jumps 10.7X
- Inc42: Paytm Q2 profit skyrockets over 10X YoY to ₹225 Cr
- Business Standard: UPI’s rising volumes need investment, minimal MDR can help: SBI Chairman
This is a news summary for education, not investment advice. Figures are as reported on or before 27 October 2026; check official sources before making decisions.