One 97 Communications Ltd.Complete Recovery & Aggressive Growth Mode

Paytm demonstrated remarkable recovery in Q1 FY27, surpassing January 2024 levels across all key performance indicators and entering an aggressive expansion phase.

The company delivered robust revenue growth of 28% year-on-year with GMV accelerating to 31%, driven by broad-based momentum across payments and financial services segments. EBITDA margin reached a record 8%, improving 700 basis points year-on-year, with management guiding sequential profitability improvement from Q2 onwards and expressing higher confidence in achieving the 15-20% margin target sooner than the previously communicated 2-3 year timeline.

Consumer engagement demonstrated exceptional leverage with GTV growing 45% on just 8% MTU growth. Management highlighted strategic focus areas including wealth management, Paytm Postpaid scaling at twice the previous ramp speed, and AI-driven operating leverage that will create new revenue streams. With Rs 13,500 crore cash and free cash flow generation, the company is positioned for aggressive market expansion while maintaining profitability discipline.