New Delhi, August 2: Digital payment services including QR payments, utility bill settlements, mobile recharges, and fund transfers are functioning without disruption across the platform. One97 Communications Limited verified that its app Paytm and UPI operations continue to run smoothly for all users nationwide.
The company’s announcement coincides with its Q1 FY 2027 financial results for the quarter ending June 2026, which featured a 79 per cent rise in profit after tax to ₹220 crore. Operating revenue for the period rose 28 per cent year-on-year to ₹2,448 crore, while EBITDA surged 182 per cent to hit ₹203 crore—the highest quarterly figure recorded by the firm.
A spokesperson for the firm asserted that all key features remain accessible, noting the company’s dedication to providing a dependable and safe digital payment infrastructure.
Growth across consumer and merchant bases, combined with enhanced operational efficiencies through artificial intelligence, propelled the strong performance. Adjusting for the Payments Infrastructure Development Fund incentive that concluded in December 2025, operating revenue increased 31 per cent year-on-year on a comparable basis.
Firm leadership stated that continuous revenue growth, combined with rising profit margins and technology integration, provides a solid foundation for long-term progress in the digital financial services industry.
