India, May 11 -- For nearly five years after its public listing, the question hanging over One97 Communications, the parent of Paytm, was if India's biggest listed fintech platform could consistently turn a profit. In FY26, Paytm finally delivered the answer the market had been waiting for.

The company reported its first-ever full-year profit of Rs.552 Cr in FY26, a sharp turnaround from a loss of Rs.663 Cr in the previous year. Revenue from operations rose 22% to Rs.8,437 Cr, while the company also ended the year with one of the strongest balance sheets among India's new-age tech companies.

Paytm ended FY26 with a cash balance of Rs.13,315 Cr, giving it a sizeable war chest that is increasingly contributing meaningful income through in...