The investment will be made through subscription to nine million equity shares of €1 each.
Paytm Europe, incorporated on January 12, 2026, is a step-down wholly-owned subsidiary of the company and is yet to commence business operations.
The transaction is expected to be completed on or before June 30, 2026.Q4 earnings
Earlier, One 97 communications had reported a net profit of ₹184 crore in the fourth quarter, compared with a loss of ₹540 crore in the year-ago period, driven by a sharp turnaround in operating performance.
The quarterly performance capped a milestone year, with the company achieving its first-ever full-year profitability, reporting PAT of ₹552 crore in FY26.
The company had posted an EBITDA profit of ₹132 crore for the quarter, against an EBITDA loss of ₹88 crore in the same period last year, indicating a significant improvement in core profitability on a year-on-year basis.
Shares of One 97 Communications Limited ended 0.81%, or ₹9, lower at ₹1,103.40 on the NSE today, May 25.
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(Edited by : Shoma Bhattacharjee)
First Published: May 25, 2026 6:43 PM IST
