Paytm Shifts Core Revenue to Lending, Returning to Profitability in FY26

9 Oct 2026, 6:38 pm · 3h ago · 1 min read · Inc42

Paytm has fundamentally transformed its revenue model over the past five years by shifting heavily from payment processing to financial services distribution. According to its FY26 annual report, loan distribution and related financial services grew at an 83% compound annual growth rate to ₹2,594 crore, accounting for 31% of total operating revenue. The company posted a net profit of ₹552 crore in FY26, reversing a ₹663 crore net loss from the prior fiscal year. In Q1 FY27, operating revenue increased 28% year-on-year to ₹2,448 crore as the company streamlined operations.