Paytm tumbles! Big block deal triggers sharp 2% fall in share price

After the block deal, the Paytm shares traded at Rs. 1,314.30 on NSE.

As per reports, a total of 1.32 crore shares changed hands at Rs. 1,307 per share.

The transaction was valued at Rs. 1,722 crore, Zee Business reported.

In the last six months, the stock on NSE outperformed the BSE Sensex.

The fintech major reported a robust operational performance in the September quarter (Q2 FY26), driven by strong growth in its payments and financial services businesses, even as reported profit was affected by a one-time impairment charge.

Paytm’s operating revenue rose 24 percent year-on-year to Rs. 2,061 crore, supported by higher merchant subscriptions, strong payment volumes, and increased traction in financial services distribution.

The company processed a Gross Merchandise Value (GMV) of Rs. 5.67 lakh crore, up 27 percent from last year.

The company posted a Profit After Tax (PAT) of Rs. 21 crore, but this included a Rs. 190 crore impairment charge related to a loan to its gaming joint venture following regulatory changes.

Excluding this charge, Paytm’s underlying profit stood at Rs. 211 crore, marking a significant improvement from previous quarters.

Last year’s Q2 figures had included a one-time gain of Rs. 1,345 crore from the sale of its ticketing business, which distorts year-on-year comparisons.