One97 Communications, the parent company of Paytm, reported a 9 percent growth in consolidated net profit before exceptional items to Rs 229 crore for the quarter ended September 30, 2026, helped by continued growth in its payments business, merchant subscriptions and financial services distribution.
The company had posted an operational net profit of Rs 211 crore in the corresponding quarter last year, before exceptional items. Sequentially, profit rose from Rs 220 crore, it reported in the June quarter.
Paytm reported a Rs 190 crore exceptional items loss during September quarter of FY 26 after writing down a loan extended to a real-money gaming subsidiary, First Games Technology, of One97 Communications.
Revenue from operations rose 28 percent to Rs 2,648 crore during the July-September quarter, compared with Rs 2,061 crore a year ago.
Paytm’s gross merchandise value (GMV) at merchants went up by 26 percent to Rs 7.1 lakh crore. Its revenue from distribution of financial services stood at Rs 912 crore.