One 97 Communications Ltd, the parent company that operates the brand Paytm, reported an over 10-fold rise in profit after tax to Rs 225 crore in the September quarter (Q2 FY27), from Rs 21 crore a year ago, on a reported basis, marking its sixth consecutive profitable quarter. Operating revenue rose 28 per cent YoY to Rs 2,648 crore, driven by sustained momentum across merchant and consumer businesses, expanded monetisation and AI adoption. Ebitda rose 90 per cent YoY to a record Rs 270 crore, with Ebitda margin expanding to 10 per cent, reaching double digits for the first time and reflecting stronger operating profitability. For H1 FY27, profit after tax more than tripled YoY to Rs 445 crore, from Rs 144 crore a year ago, on a reported basis. On a comparable basis, excluding the Payments Infrastructure Development Fund (PIDF) incentive received until December 2025, underlying growth was even stronger. Operating revenue grew 33 per cent YoY and Ebitda nearly quadrupled, while Ebit
Q2FY27 company results: Firms including Mankind Pharma, Dalmia Bharat, APL Apollo Tubes, and Aegis Logistics are also to release their July-September earnings today
Paytm remained majority Indian-owned for the third consecutive quarter, with domestic ownership crossing the 50 per cent mark in the March quarter of FY26
Paytm parent One 97 Communications said the revised GST demand on First Games Technology would have no incremental financial impact on its consolidated financial statements
According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.
The key concern for the investors in mega issues, according to G Chokkalingam, founder and head of research at Equinomics Research, is how the issue is priced.
Stocks to buy today: Chandan Taparia of Motilal Oswal flags formation of a 'bullish' candle, and respect of the 50-DEMA support as the key positive factors for Paytm stock on technical charts.
Fintech stocks react to MDR news: Paytm, Pine Labs and One MobiKwik Systems decline up to 13% during the week, recover on Friday. Here's why the tech analyst remains bullish on Paytm and Pine Labs.
Jefferies said that MDR on UPI comes ahead of estimates and is "higher than expectations" of 25bps, while Emkay Global believes that this development lifts the revenue pool for the industry.
Paytm shares rallied 7 per cent to a fresh 52-week high of ₹1,856.50 on the BSE. Mobikwik stock rose by 6 per cent to ₹214. However, Pine Labs slumped 6 per cent to ₹182 per share.
The technical outlook remains positive for Paytm, Azad Engineering, and Kotak Mahindra Bank, with all three stocks showing bullish chart structures and potential for further upside.
Paytm parent One97 Communications hit a post-listing record high of ₹1,807.5, while Granules India promoter Krishna Prasad Chigurupati offloaded a 6.95% stake for ₹1,501 crore in block deals
Jefferies raises Paytm's earnings estimates for FY28-29 by 20-25 per cent to factor in 25bps MDR on UPI and raises the price target to ₹2,100 (from ₹1,600).
Analyst said that today's buoyancy in Paytm stock was seen as the company expands to a new business, jumping on the agentic AI bandwagon to accelerate a rebound in revenue growth.
The company will start selling AI agents to enterprise customers, betting on rising demand for such bots that can automatically handle a variety of workloads and tasks with minimal supervision
Among the new additions, Laurus Labs saw its market-cap rise 92 per cent to ₹1.03 trillion from ₹53,546 crore as of March 30, 2026
Bernstein has, however, held on to some of the stocks in its earlier focus list - Larsen & Toubro (L&T), NTPC Axis Bank, HDFC Bank, Nuvama and HomeFirst.
Paytm opened at ₹1,580.20 and initially traded around 1.2 per cent higher before reversing gains. The stock later slipped as much as 1.4 per cent during the session to an intraday low of ₹1,557.
Stocks to watch today: Paytm, Jio Financial Services, SpiceJet, Swiggy, Netweb, Lenskart Technologies, Greaves Cotton, Airtel, Tata Power, among others, will be in focus today.
Proceeds from the proposed stake sale will go to Antfin under a 2023 agreement; Paytm said it is not a party to the transaction and Sharma's direct holding is unchanged