Paytm Q1 Preview: One97 Communications Likely to Narrow Losses, Revenue May Rise 31%; Shares Rally Today

One97 Communications, the parent company of digital payments firm Paytm, is set to announce its Q1 results for FY2026 on July 22, 2025. Analysts expect a noticeable improvement in the company's performance for the quarter ended June 2025, with reduced losses and continued revenue growth.

Paytm Q1 Preview: One97 Communication Q1 Performance Expectation

According to Bloomberg estimates, Paytm's adjusted net loss is projected to narrow significantly to Rs 126.63 crore in Q1FY26. This would mark a sharp improvement from the Rs 838.9 crore loss in Q1FY25 and Rs 539.8 crore in the previous quarter (Q4FY25).

The company's revenue for the June quarter is expected to rise 31% year-on-year to Rs 1,968.15 crore, compared to Rs 1,501.6 crore a year earlier. On a quarter-on-quarter basis, revenue may rise 2.9% from Rs 1,911.5 crore in Q4FY25.

Paytm Q1 Results Today: Key Factors to Watch

This quarter is especially important for Paytm as it operates in a post-regulatory environment. Investors and analysts are watching closely to see how sustainable the company's profitability trajectory will be. Additionally, the impact of reduced FLDG (First Loss Default Guarantee) commitments on financial services revenue remains a key concern.

The company's ability to monetize UPI operations and deepen partnerships with lending institutions will also be under scrutiny. A major portion of the expected revenue growth is attributed to merchant lending, which offers higher take rates compared to personal loans. With renewed NPCI approval, Paytm may also see a gradual rebound in its user base, further boosting revenue potential.

Paytm Stock Performance and Institutional Holding

Paytm shares have shown a strong recovery from their May 2025 low of Rs 310, rallying to cross Rs 1,000 in recent sessions. The uptrend is driven by improving fundamentals and speculation around the company's possible inclusion in the MSCI Standard Index. MSCI is expected to announce changes on August 8, which would take effect from August 26.

As per the Q1FY26 shareholding data, domestic mutual funds increased their stake to 13.86%, up from 13.11% in Q4FY25. Foreign institutional investors (FIIs), however, trimmed their holdings slightly to 54.9% from 55.4%. Key institutional investors include Mirae Asset, Nippon India, Bandhan Mutual Fund, and Motilal Oswal AMC.

Paytm Share Price Today

As of 11:16 AM on July 22, Paytm's share price was trading at Rs 1,047.45, up Rs 29.75 or 2.92% for the day. The stock opened at Rs 1,022.00 and has so far touched an intraday high of Rs 1,054.00 and a low of Rs 1,021.00.