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Paytm sees major block deal and strong Q1 FY27 financial growth
Paytm parent company One 97 Communications is experiencing significant market activity involving both share trades and improved financial performance. Resilient Asset Management B.V. is undertaking a block market trade to sell up to a 4.98% stake in the company under an existing agreement with Antfin (Netherlands) Holding B.V. The base deal size is estimated at approximately Rs 2,948.90 crore, with a floor price set at a discount to the previous Monday closing price. Under the terms of the agreement, the economic value from the sale will be retained by Antfin.
Separately, brokerage sentiment toward Paytm has shifted positively following strong Q1 FY27 financial results. The company reported a 28% year-on-year increase in operating revenue to ₹2,448 crore, while profit after tax rose 79% to ₹220 crore. EBITDA also saw a significant increase, reaching a record ₹203 crore. Analysts have responded by raising price targets, citing momentum in financial services and potential regulatory shifts regarding merchant discount rates (MDR) for larger UPI payments.
Entities
Antfin · One 97 Communications · Paytm · Resilient Asset Management B.V.