One 97 Communications Limited, the parent company of Paytm, said its board of directors will meet on Thursday, January 29, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.
The company said it will hold its earnings conference call for investors and analysts on Friday, January 30, 2026, from 8:00 am to 8:45 am IST to discuss the results.
Paytm Q3 FY26 Results Estimate
According to Zee Business estimates, Paytm’s consolidated revenue for Q3 FY26 is expected at Rs 2,179 crore, compared with Rs 2,061 crore in Q2, indicating a 5.7 per cent quarter-on-quarter increase. EBITDA is estimated at Rs 169 crore, up from Rs 141 crore, a growth of 19.9 per cent, with EBITDA margin improving to 7.8 per cent from 6.8 per cent.
Profit after tax is estimated at Rs 220 crore, compared with Rs 21 crore in the previous quarter, while adjusted PAT is seen at Rs 220 crore, up 4.2 per cent quarter-on-quarter. The base quarter had an exceptional loss of Rs 190 crore.
Contribution margin is expected to remain at around 60 per cent, indicating stability in the business mix. Operating expenses are expected to remain under control, supporting profitability. Merchant additions are expected to remain strong, supporting growth.
Paytm Q2 Results
For the quarter ended September 2025, Paytm reported operating revenue of Rs 2,061 crore, up 24 per cent year-on-year. EBITDA stood at Rs 142 crore, with a 7 per cent margin. The company reported PAT of Rs 211 crore before a one-time charge of Rs 190 crore related to full impairment of a loan to its joint venture, First Games Technology Pvt Ltd. Reported PAT stood at Rs 21 crore.
Contribution profit rose 35 per cent year-on-year to Rs 1,207 crore, with a 59 per cent margin. Payment services revenue increased 25 per cent year-on-year to Rs 1,223 crore, while net payment revenue rose 28 per cent to Rs 594 crore. GMV increased 27 per cent year-on-year to Rs 5.67 lakh crore.
Merchant subscriptions reached 1.37 crore, up 25 lakh year-on-year. Revenue from the distribution of financial services increased 63 per cent year-on-year to Rs 611 crore. More than 6.5 lakh consumers availed financial services during the quarter.
Indirect expenses declined 18 per cent year-on-year and 1 per cent quarter-on-quarter to Rs 1,064 crore. Marketing costs declined 42 per cent year-on-year.
Should You Buy Paytm Shares?
Brokerage firm Jefferies maintained a Buy rating on One 97 Communications but cut the price target to Rs 1,450 from Rs 1,600. It cited changes in incentive structures following the non-rollover of the PIDF scheme. Jefferies said adjusted EBITDA estimates for FY27 and FY28 were cut by 14 per cent and 8 per cent, respectively, but maintained a positive view on the core business.
Shares of One 97 Communications Ltd closed at Rs 1,144.35, up Rs 3.60, or 0.32 per cent, on the BSE.
Doonited Affiliated: Syndicate News Hunt
This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited
