Paytm Turns Profitable for the First Time Since IPO

Paytm's parent company, One97 Communications, has turned profitable for the first time. After facing heavy losses for quite some time, the company recorded a net profit in the April–June quarter of 2025, which is the first quarter of this financial year. This is certainly a piece of reassuring news for Paytm investors. Paytm went for an IPO in November 2021, issuing each share at ₹2,150. The company raised a total of ₹18,300 crore from the market. However, the company’s shares were listed below the offer price and have never reached the IPO price since then. In fact, Paytm’s 52-week low share price was ₹437. Although the company’s stock has gained 122% over the past year, it still remains far below the offer price. Following the results, on Tuesday, Paytm shares closed at ₹1,052 on the BSE, with a gain of ₹34.

Overcoming several challenges, the company has started this financial year’s first quarter with profits, and market circles estimate that the stock price may rise further in the coming days. In the April–June quarter of 2025, the company posted a net profit of ₹122.5 crore. In the same quarter the previous year, the company had recorded a net loss of ₹839 crore. During this same period, revenue also increased from ₹1,506 crore to ₹1,917.5 crore. The company has been able to significantly reduce its expenses. It also cut marketing expenditures substantially, which helped the company return to profitability. Additionally, by utilizing artificial intelligence (AI) across various departments, the company has improved its management practices.