One 97 Communications Limited, operator of the Paytm brand, has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported annual revenue from operations of ₹8,437 crore and a profit for the year of ₹552 crore. Additionally, the Board has approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director for a second five-year term.
Financial Performance for FY 2026
For the financial year ended March 31, 2026, the company delivered a robust performance, with revenue from operations reaching ₹8,437 crore, compared to ₹6,900 crore in the previous fiscal year. Total income for the year stood at ₹9,291 crore. The company achieved a profit for the year of ₹552 crore, a significant turnaround from the loss of ₹663 crore reported in the prior financial year.
Quarterly Highlights
During the final quarter (Q4: Jan-Mar 2026), the company generated ₹2,264 crore in revenue from operations. The profit for this specific quarter was recorded at ₹183 crore. Total comprehensive income for the quarter reached ₹336 crore, reflecting a positive trajectory in operational efficiency and financial management.
Leadership and Governance
The Board of Directors has approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director. His second consecutive term will span five years, commencing on July 5, 2026, and concluding on July 4, 2031. This appointment remains subject to approval by the company’s members. Mr. Lilani brings extensive experience to the board, being the managing partner and co-founder of Saama Capital.
Operational Updates
The company noted progress in the utilization of its IPO proceeds, with ₹6,133 crore utilized as of March 31, 2026, out of a total fund of ₹8,119 crore. Furthermore, the company clarified that the transfer of its offline merchant business to its subsidiary, Paytm Payments Services Limited (PPSL), was finalized during the year. Management also confirmed that the cancellation of the banking license for Paytm Payments Bank Limited (PPBL) has no direct financial or operational impact on the company.
Source: BSE
