India, Nov. 4 -- Fintech major Paytm maintained its profitability edge in Q2 FY26, despite a substantial decline both on a year-on-year (YoY) and a sequential basis. The company's PAT stood at INR 21 Cr during the quarter under review, down 98% YoY from INR 930 Cr in the year-ago quarter.

Important to note that the company reported a profit in Q2 FY25 on account of a one-time gain of INR 1,345 Cr pertaining to sale of its entertainment ticketing business, Paytm Insider, to Eternal in the quarter.

On a sequential basis, the company's profit declined 83% from INR 123 Cr in Q1 FY26.

The decline in profits come despite a substantial uptick in the company's top line in the quarter under review. Operating revenue surged 24% YoY and 7% QoQ to...