Paytm sees 10x rise in net profit in Q2 of FY27
The fintech company's Q2 FY27 net profit of Rs 225 crore marked significant growth from Rs 21 crore in the prior year, while revenue reached Rs 2,648 crore (up 28% YoY). EBITDA surged 90% YoY with margins expanding to 10%, supported by financial services revenue growth of 49% and a 35% increase in key financial services customers. Monthly transacting users grew 1 crore YoY to 8.5 crore, the highest addition in nearly three years. The company credited AI deployment across consumer, merchant, risk management, fraud prevention and personalization for operational efficiencies, helping reduce indirect expenses as a share of revenue to 46% from 52%.
Key points
- Net profit jumped 10x to Rs 225 crore; revenue grew 28% YoY to Rs 2,648 crore
- Financial services revenue increased 49% YoY with customer base up 35%
- Monthly transacting users added 1 crore (highest in 3 years) to reach 8.5 crore
- AI-driven efficiencies reduced indirect expenses from 52% to 46% of revenue
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. YourStory did the reporting; read the original for the full story.
Read the full story at YourStory
