New Delhi, Oct. 27 -- One 97 Communications Ltd (Paytm) on Monday announced its Q2 FY27 results, reporting an over 10-fold rise in profit after tax (PAT) to Rs.225 crore for the September quarter, from Rs.21 crore a year ago, on a reported basis.

During the quarter, Paytm revenue rose 28% YoY to Rs.2,648 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 90% YoY to Rs.270 crore, its highest ever for a quarter, with the EBITDA margin expanding to 10%, reaching double digits for the first time.

On a comparable basis, excluding the Payments Infrastructure Development Fund (PIDF) incentive received until December 2025, underlying growth was even stronger, with operating revenue growing 33% and EBITDA near...