New Delhi, May 6 || Payments and financial services company Paytm on Tuesday reported a strong performance for the March quarter of FY25, demonstrating continued growth across its core business segments.
The company achieved a revenue of Rs 1,911 crore, reflecting a 5 per cent sequential increase, and marked a significant milestone with EBITDA before ESOP profitability of Rs 81 crore.
The company also made significant progress in profitability, reducing its profit after tax (PAT) loss to just Rs 23 crore, a Rs 185 crore improvement from the previous quarter.
This excludes a one-time ESOP charge of Rs 522 crore. Founder and CEO Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore ESOPs, resulting in a one-time non-cash accounting charge but setting the stage for a substantial decline in ESOP costs from Q1 FY26 onwards.
In an earnings release statement, the company said starting from Q1 FY26, ESOP cost will be substantially lower with Q1 FY26 ESOP cost estimated to be in the range of Rs 75-100 crore as against Rs 169 crore in Q4 FY25.