Paytm (One97 Communications)

Paytm Reports First Operating Profit After Regulatory Reset, Stock Surges 15%

One97 Communications (Paytm) has reported its first operating profit since the RBI's enforcement action against Paytm Payments Bank in early 2024. The company achieved EBITDA of INR 2.1 billion ($25M) for Q3 FY2026, driven by cost optimization and growth in its merchant lending and insurance distribution businesses. Paytm shares surged 15% on the results.

Paytm Receives NPCI Approval as Third-Party Application Provider

Paytm has officially received approval from the National Payments Corporation of India (NPCI) to operate as a Third-Party Application Provider (TPAP). This regulatory milestone allows Paytm to continue offering its payment services within the UPI ecosystem, ensuring its role in facilitating digital transactions across India. The approval is crucial for maintaining user trust and operational continuity.