Paytm (One 97 Communications Ltd.), for the third quarter ended December 2025, reported profit after tax (PAT) of ₹225 crore, as against a net loss of ₹208 crore in the year-ago period, an improvement of ₹433 crore year-on-year. Payments services revenue (including other operating revenue) grew 21% YoY to ₹1,284 crore. Payments GMV grew 24% YoY to ₹6.2 lakh crore, the company said. In Q3 FY 2026, distribution of financial services revenue grew 34% YoY to ₹672 crore, driven by continued growth in distribution of merchant loans and wealth products. Payments Services Ltd received final approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator.