Paytm’s Q3 Snapshot Paytm is beginning to look like a profitable narrative that’s holding strong. The fintech major continued to stay in the black in Q3 FY26, buoyed by steady revenue growth, a tighter leash on expenses and key regulatory wins. Here’s a quick look at Paytm’s Q3 FY26 results: Net profit stood at INR 225 Cr compared to a loss of INR 208 Cr in Q3 FY25 Operating revenue rose 20% YoY to INR 2,194 Cr Total expenses declined 2% YoY to INR 2,175 Cr EBITDA improved to INR 156 Cr versus an EBITDA loss of INR 223 Cr in the year-ago quarter UPI Tide Lifts Boat: Paytm’s core payments engine continued to demonstrate its resilience in Q3. On the B2C side, the fintech major’s AI-first and retention-led approach propelled a 35% YoY surge in UPI GMV, outpacing the industry. Simultaneously, expanding device subscriptions helped widen its base of recurring revenues and strengthened its merchant footprint. Lending Glow-Up: Beyond simple payments, Paytm continued to nudge its user base toward higher-yield financial products in Q3. The fintech major saw robust growth in merchant loans and equity broking users, with the segment reaching 7.1 Lakh active customers during the quarter. However,… Read MoreInc42 Media
