
On Tuesday, One 97 Communications released its Q2 FY27 earnings, showing a dramatic lift in after‑tax profit.
The jump from Rs 21 cr to Rs 225 cr represents a 1,064% increase, the largest quarterly profit surge in the company’s history.
Operating revenue climbed 28% year‑on‑year to Rs 2,648 cr, driven by a 12% rise in merchant transaction volume and a 15% increase in consumer app downloads. A tea stall owner in Delhi, Mr. Singh, reported a 20% increase in daily sales since adopting Paytm's new AI checkout.
Chief Executive Ankit Gupta said the firm’s new AI‑powered payment gateway has cut transaction latency by 30%.
Investors responded positively, with the stock closing 3.5% higher on the day of the announcement.
Analysts predict the company will leverage its momentum for a 2027 expansion into Southeast Asian markets, targeting a 10% market share within two years.