The floor price for the deal has been set at ₹1,535.10 per share, a 2.9% discount to Paytm’s NSE closing price of ₹1,580.20 on August 17, 2026.
First Quarter Results
One97 Communications Ltd (Paytm) 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.
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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.
The company also said its customer Unified Payments Interface (UPI) gross transaction value (GTV) increased 45% year-on-year to ₹5.9 lakh crore, more than double the industry’s 20% growth rate. It said its monthly transacting users (MTUs) increased by 60 lakh year-on-year to 8 crore, while the number of merchants on subscription plans rose by 27 lakh to 1.57 crore.
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Net payment revenue, excluding the Payments Infrastructure Development Fund (PIDF) incentive, increased 25% year-on-year to ₹601 crore on a comparable basis. On a reported basis, net payment revenue rose 13% year-on-year.
Paytm said the growth in merchant GMV accelerated from 27% in the March quarter and 24% in the December quarter to 31% in the June quarter, driven by investments in products, distribution and servicing of device merchants. The company also said it has started witnessing momentum in its online merchant business after receiving the online payment aggregator licence last year.
The company said its Soundbox network has expanded to 1.57 crore storefronts, with 27 lakh net devices added year-on-year. According to the company, higher merchant retention, improving payment processing revenue and loan distribution revenue have contributed to better merchant monetisation and payback periods.
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Paytm’s cash balance stood at ₹13,529 crore at the end of the quarter, up ₹657 crore year-on-year. The company clarified that this excludes customer funds held by Paytm Money Limited (PML) and balances in escrow or nodal accounts but includes the pre-funded balance in escrow from Paytm Payments Services Limited (PPSL).
Shares of One 97 Communications Ltd ended at ₹1,583.00, down by ₹21.00, or 1.31%, on the BSE.
