Paytm Block Deal: NPS, Axis MF Lead Buying, Elevation Capital, SAIF Partners Sell Shares, Q1 Profit Jumps 79%

Paytm Q1 Results: Merchant GMV jumps 31% to ₹7.1 lakh crore; board defers bonus issue


The ₹2,038 crore block deal in shares of One97 Communications, the parent company of Paytm, on Tuesday, saw domestic institutional investors leading the buying.

The National Pension System (NPS) emerged as the largest buyer, purchasing 30.2 lakh shares worth ₹413 crore.

Axis Mutual Fund acquired 27 lakh shares valued at ₹369.3 crore, while ICICI Prudential Life Insurance bought 15.1 lakh shares worth ₹206.5 crore.

Among foreign investors, Societe Generale purchased 10.9 lakh shares for ₹148.5 crore.

The shares changed hands at an average price of ₹1,367.8 apiece.

On the sell side, early investors Elevation Capital and SAIF Partners sold a combined 1.49 crore shares, equivalent to a 2.33% stake in the fintech company, through the block deal.

The fintech major on July 20 reported a 79% year-on-year increase in consolidated net profit to ₹220 crore for the quarter ended June 30, 2026, compared with ₹123 crore in the corresponding period last year.On a sequential basis, net profit rose 20% from ₹183 crore in the March quarter.Revenue from operations increased 28% year-on-year to ₹2,448 crore during the April-June quarter, up from ₹1,918 crore a year ago. On a quarter-on-quarter basis, revenue grew 8%.

Also, reported continued growth across its payments business, with merchant gross merchandise value (GMV) rising 31% year-on-year to ₹7.1 lakh crore during the June quarter.



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