Shares of One 97 Communications, the operator of Paytm, rose 1.07% on Tuesday, May 26, hitting an intraday high of ₹1,109.20 after the company announced fresh overseas investment through its subsidiary.
Paytm Cloud Technologies to fund European arm
The company said its wholly owned subsidiary Paytm Cloud Technologies will invest €9 million in Paytm Europe Payments S.A., its European payments entity. The investment will be made through subscription to 9 million equity shares of €1 each.
The move is aimed at strengthening the capital base of the European subsidiary to support its business requirements. The transaction is expected to be completed by June 30, 2026.
Paytm Europe Payments S.A., incorporated in Luxembourg in January 2026, is a step-down wholly owned subsidiary of One 97 Communications and has not yet started operations. The additional funding will not change the company’s overall ownership structure.
Strong Q4 performance and FY26 turnaround
The development comes after Paytm reported a consolidated net profit of ₹184 crore for Q4 FY26, compared with a loss of ₹540 crore in the same period last year.
Revenue from operations rose 18.4% year-on-year to ₹2,264 crore, while EBITDA stood at ₹132 crore, impacted by lower incentives.
For the full year FY26, Paytm posted revenue of ₹8,437 crore, up 22% year-on-year, with EBITDA turning positive at ₹502 crore compared to a loss of ₹1,506 crore in the previous year.
The company noted that quarterly performance was affected by the discontinuation of the PIDF scheme, while UPI incentive benefits for FY26 are still pending finalisation.
Stock performance remains mixed
Despite the intraday rise, Paytm shares were trading at ₹1,099.30, up 0.17% in morning trade on the NSE.
Over the past month, the stock has fallen 3%, down 11% over six months, and nearly 15% year-to-date. It previously hit a 52-week high of ₹1,381.8 in December 2025 and a low of ₹818 in May 2025.
The company’s current market capitalisation stands at ₹70,637.48 crore, according to NSE data.
