- Shares of Paytm-parent One 97 Communications rose over 2% from intraday low on strong volume
- Stock settled 0.59% lower at Rs 1,334.6 with Rs 240.3 crore traded on Monday
- Board to meet on Jan 29 to approve Q3 and nine months financial results for FY26
Shares of Paytm-parent One 97 Communications Ltd recovered over 2% on Monday from the day's low of Rs 1,308.9 apiece on the back of strong volume towards the last minutes of trade.
Shares worth Rs 240.3 crore were traded, and the stock settled 0.59% lower at Rs 1,334.6 apiece. Intraday, the stock slipped as low as 2.5% to Rs 1,308.9.
Earnings Call
The company's board is set to meet on Jan. 29 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec. 31, 2025.
Paytm Q2 FY26
In the last quarter, Paytm's net profit for the second quarter of FY26 slumped 83% sequentially, weighed down by exceptional items, according to an exchange filing. The company reported a consolidated bottom line of Rs 21 crore against Rs 123 crore in the first quarter.
In its filing, Paytm noted that it recorded an impairment loss against a loan given to the joint venture First Games Technology Pvt of Rs 190 crore during the quarter and six-month period ended Sept. 30.
"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 INR 190 crores during the quarter and six-month period ended September 30, 2025," it said.
The revenue for Q2 rose 7.5% to Rs 2,061 crore from Rs 1,918 crore in the first quarter.
Notably, earnings before interest, taxes, depreciation and amortisation saw a massive jump of 95.8% to Rs 141 crore from Rs 72 crore, while Ebitda margin expanded to 6.8% from 3.8% in the last quarter.
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