Paytm's Q2 Performance
Paytm managed to remain profitable in Q2 FY26, despite a significant decline in profits due to a one-time gain in the previous year.
The company's profits were affected by a statistical illusion, with a one-time gain from the sale of its entertainment ticketing business in Q2 FY25.
Additionally, Paytm had to write off an impairment of INR 190 Cr in Q2 FY26 against a loan given to First Games, its real money gaming joint venture.
Growth Drivers
- A 25% YoY rise in payment services revenue
- A 63% surge in top line from financial services distribution
No comment from the company
Author's summary: Paytm remains profitable in Q2 FY26 despite challenges.
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