New Delhi, July 20 -- One97 Communications, the parent company of Paytm, reported a strong set of numbers for the quarter ended June 2026 (Q1FY27) today, post-market hours, with robust growth across its core businesses driving a sharp improvement in profitability.

The company's revenue from operations rose 28% year-on-year to Rs.2,448 crore from Rs.1,918 crore in the corresponding quarter last year, while increasing 8% sequentially from Rs.2,264 crore in the March quarter.

The growth was primarily led by its Payment Services business, where revenue increased 33% YoY to Rs.1,384 crore, supported by higher merchant payment volumes and continued expansion of its payments ecosystem.

The company said its Gross Merchandise Value (GMV) growth...