Paytm's Q2 Profit Sees Significant Decline
Paytm's profit after tax (PAT) plunged 98% year-over-year (YoY) and 83% quarter-over-quarter (QoQ) to INR 21 Cr in Q2 FY26.
The decline was largely due to an impairment loss of INR 190 Cr related to a loan given to its real money gaming joint venture, First Games.
- Operating revenue surged 24% YoY and 7% QoQ to INR 2,061 Cr.
- Total revenue stood at INR 2,283 Cr, including other income of INR 222 Cr.
- Expenses declined 8% YoY to INR 2,062 Cr.
The company managed to cling to profitability in Q2 FY26, despite a substantial decline.
Author's summary: Paytm's Q2 profit saw a significant decline of 98% YoY.
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