One 97 Communications Limited (Paytm) has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a profit of INR 552 crore for the full financial year, demonstrating a significant turnaround from the previous year’s loss. Alongside the financial results, the Board also approved the re-appointment of Mr. Ashit Ranjit Lilani as an Independent Director for a second five-year term.
Annual Financial Performance
For the financial year ended March 31, 2026, the company achieved total income of INR 9,291 crore. This reflects strong growth compared to the INR 7,625 crore reported in the previous fiscal year. The company successfully reversed its previous annual loss of INR 663 crore to report a profit of INR 552 crore for the current year. Revenue from operations reached INR 8,437 crore, a significant increase from INR 6,900 crore in the previous year.
Quarterly Highlights
In the final quarter (Q4) ending March 31, 2026, the company reported total income of INR 2,442 crore and a profit of INR 183 crore. Expenses for the same period stood at INR 2,269 crore. These figures reflect the company’s focus on operational efficiency and sustainable growth across its payment and financial services segments.
Strategic Re-appointment
The Board of Directors has approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director. His second consecutive term is set for 5 years, commencing on July 5, 2026, and concluding on July 4, 2031. Mr. Lilani is a seasoned professional, holding an MBA from the Philadelphia College of Textiles and Science and serving as a managing partner and co-founder of Saama Capital. This appointment remains subject to approval by the company’s members.
Operational Updates
The company confirmed that there is no direct financial or operational impact following the cancellation of the banking license of Paytm Payments Bank Limited (PPBL) in April 2026. Additionally, the company is actively working to resolve matters related to a previously received Show Cause Notice from the Directorate of Enforcement regarding past foreign exchange compliance, having recorded provisions for expected compounding fees.
Source: BSE
