One 97 Communications Limited , the parent company of Paytm, has reported a consolidated net profit of ₹21.00 crores for the quarter ended September 30, marking a 98% decline from ₹928.00 crores in the same period last year. The company's revenue from operations grew by 24% year-over-year to ₹2,061.00 crores, driven by increased subscription merchants, higher payments GMV, and growth in financial services distribution.

Financial Performance Highlights

Contribution Profit margin stood at 59%. The company's growth was primarily driven by its payments and financial services segments, with the financial services segment showing particularly strong performance led by merchant loan distribution and enhanced collection performance.

Subsidiary Investment Completed

On December 12, 2025, One 97 Communications completed the additional investment of ₹2,250 crores in its wholly owned subsidiary, Paytm Payments Services Limited, through subscription to its Rights Issue of Equity Shares. This investment, previously approved by the board, aims to strengthen PPSL's net worth, fund acquisition of offline merchant payment business, support working capital needs, and maintain leadership in merchant payments business.

Corporate Developments

Exceptional Items Impact

The significant decline in profit was attributed to a one-time charge of ₹190.00 crores for full impairment of a loan to joint venture First Games Technology. Without this charge, the profit would have been ₹211.00 crores.

Strategic Focus Areas

One 97 Communications outlined four focus areas for future growth: expanding merchant leadership, growing financial services distribution, driving AI-first innovation, and evaluating new international markets as a long-term growth driver, expected to contribute meaningfully after 2-3 years.

One 97 Communications Limited , the parent company of Paytm, has taken a significant step in enhancing employee ownership by allotting equity shares under its Employee Stock Option Plan (ESOP) schemes. This move underscores the company's commitment to aligning employee interests with its long-term growth objectives.

Key Details of the Allotment

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital:

Additional Information

• The newly issued shares will rank pari-passu with the existing equity shares of the company.
• This allotment is part of One97 Communications' ongoing efforts to incentivize and retain talent through equity participation.

Implications for Stakeholders

Employees

This allotment provides eligible employees with a direct stake in the company's success, potentially enhancing motivation and alignment with corporate goals.

Investors

While the dilution effect is minimal, this move demonstrates the company's focus on employee retention and long-term value creation.

Company

By strengthening employee ownership, One97 Communications aims to foster a culture of shared success and commitment to the company's growth trajectory.

This corporate action reflects One97 Communications' strategic approach to human capital management, utilizing equity-based compensation to attract, retain, and motivate key talent in the competitive fintech sector.