One97 Communications Ltd, the parent company of Paytm, on Tuesday reported a consolidated net profit of Rs 21 crore for the quarter ended September 2025 (Q2 FY26), a sharp decline from Rs 930 crore in the same period last year.

To be noted, the profit in the year-ago quarter was boosted by a one-time gain of Rs 1,345 crore from the sale of its movie and events ticketing business to Zomato.

Meanwhile, sequentially, the profit declined 82.9 percent from Rs 123 crore reported in the June quarter largely due to a one-time impairment charge related to its online gaming joint venture, even as revenue and operating margins showed steady improvement.

Revenue from operations rose 24 percent year-on-year to Rs 2,061 crore and 7 percent higher quarter-on-quarter from Rs 1,918 crore in Q1 FY26, dri

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