Strong Quarter for Paytm: Revenue Hits Rs. 1,911 Crore
POLAND - 2024/02/04: In this photo illustration a PayTM logo is displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)
Dubela, Anuja Chakraborty: Paytm, a major digital payments and financial services company in India, has reported strong financial results. The company posted a 5% increase in revenue for the latest quarter, earning ₹1,911 crore—an indication that Paytm is moving closer to becoming fully profitable.
In the March 2025 quarter, Paytm expanded its reach by adding 8 lakh new merchants to its payment device network, bringing the total number of merchant subscribers to 1.24 crore. A leading name in the fintech sector, Paytm shared its performance for the March quarter of FY25, highlighting continued growth and improvement. The company reported an EBITDA (before ESOP) of ₹81 crore, marking a significant achievement for the quarter.
Paytm’s Profit After Tax (PAT) also improved, with losses reduced to ₹23 crore (excluding a one-time ESOP cost of ₹522 crore). Despite a 31% year-on-year revenue drop to ₹6,900 crore in FY25 due to disruptions earlier in the year, the company continues to build strong relationships with users and merchants.
Paytm reduced its indirect costs to ₹991 crore—down 1% from the previous quarter and 16% from the previous year—mainly due to a 36% drop in non-sales employee expenses. Starting from Q1 FY26, ESOP costs are expected to decline significantly to ₹75–100 crore, compared to ₹169 crore in Q4 FY25.
Overall, Paytm is showing signs of long-term stability and growth. This is a positive signal for both investors and users who rely on Paytm for various financial services.
