Paytm Q2 Results: Fintech major Paytm’s parent company, One 97 Communications, announced its July to September quarter results on Tuesday, 4 November 2025. The company’s net profit tanked 98% YoY to ₹21 crore in the second quarter, compared with ₹939 crore in the same quarter of the previous financial year, according to the consolidated financial statements.
However, the fintech firm’s revenue from core operations recorded a 24% rise to ₹2,061 crore in the second quarter of the fiscal year ending 2025-26, compared to ₹1,659 crore in the same period a year ago.
The company’s total expenses dropped 8.15% to ₹2,062 crore, compared to ₹2245 crore in the same quarter of the previous financial year, according to the consolidated statements.
However, the gains do not reflect in the overall net profits for the quarter due to a one-time ₹1,345 crore addition that the company made in the same period in the previous fiscal year.
Paytm’s one-time gains/losses
The BSE filing data showed that the company’s net profits for the July to September quarter of the year ended 2024-25 were inflated due to a one-time gain of ₹1,345 crore. This one-time exceptional gain came after One 97 Communications sold its ‘movie ticketing and events business’ to Zomato in 2025.
This time, during the July to September quarter of the fiscal year 2025-26, One 97 Communications recorded a ₹190 crore loss from a loan given to an online gaming joint venture named First Games Technology Private Limited (FGTPL).
The company currently owns FGTPL, which has a current carrying value of ₹NIL, according to the official filing.
“Consequent to the enactment of the Promotion and Regulation of Online Gaming Act, 2025 (the Act), which prohibits online gaming, the Group has recorded an impairment loss against a loan given to the JV of ₹190 crores during the quarter and six-month period ended 30 September 2025,” the company informed the stock exchanges.
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