Indian payments and financial services firm Paytm reported net profit of 2.3 billion rupees (US$24 million) for the quarter ended September 2026, up from 210 million rupees (US$2.21 million) a year earlier, as growth in its payments and financial services businesses boosted results.

Revenue rose to 26.5 billion rupees (US$278 million) from 20.6 billion rupees (US$216 million).

Revenue from financial services distribution reached 9.1 billion rupees (US$96 million), while net payment revenue was 6.4 billion rupees (US$67.2 million).

Paytm said it had started offering its in-house AI platform to enterprise merchants.

The results come months after the Reserve Bank of India cancelled the banking license of Paytm Payments Bank.

🔗 Source: YourStory

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