Paytm's Q2 Performance and Industry Updates
Paytm, a major fintech company, has reported its Q2 FY26 results, showing a modest profit despite significant growth in its top line and improving EBITDA margins.
The company's profits were affected by a statistical illusion and a one-time gain from the sale of its entertainment ticketing business in Q2 FY25.
- 25% YoY rise in payment services revenue
- 63% surge in top line from financial services distribution
Additionally, Paytm wrote off an impairment of INR 190 Cr in Q2 FY26 against a loan given to First Games, its real money gaming joint venture.
The profits reported in Q2 FY25 were not a result of operational efficiency or growth, but the result of a one-time gain.
Author's summary: Paytm remains profitable in Q2 FY26 despite challenges.