Paytm brand owner One 97 Communications Ltd on Tuesday (November 4) reported a net profit of ₹211 crore for the quarter ended September 2025 (Q2 FY26), before accounting for a one-time charge of ₹190 crore for full impairment of a loan to its joint venture, First Games Technology Private Ltd. After this charge, the reported profit after tax stood at ₹21 crore.

The company’s operating revenue rose 24% year-on-year to ₹2,061 crore, driven by growth in subscription-paying merchants, higher payments gross merchandise value (GMV), and expansion in financial services distribution.

EBITDA surged to ₹142 crore with a 7% margin, supported by revenue growth and operating leverage. Contribution profit rose 35% year-on-year to ₹1,207 crore, with a margin of 59%, aided by improved net payment reven

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