One97 Communications Ltd (NSE:PAYTM)
₹ 1,649.5 +39.5 (+2.45%) Market Cap: 1.06 Tn Enterprise Value: 885.85 Bil PE Ratio: 166.26 PB Ratio: 6.65 GF Score: 64/100

Q3 2026 One 97 Communications Ltd Earnings Call Transcript

Jan 30, 2026 / 02:30AM GMT
Release Date Price: ₹1137.5 (-2.62%)
Vijay Sharma
One 97 Communications Ltd - Executive Chairman of the Board, Chief Executive Officer, Managing Director

(audio in progress) manufacturing in India. That's exactly how I would look at UPI consumer business for us. It may be like, oh my God, you're fighting somebody so large market share but I think it's a great product that will win the market, not the dominance of certain regions that has happened.

With that attitude and opening that (technical difficulty) market to win. Merchant is our market, which we are winning.

Here we are. I look to answer the questions.

We also have started detailing lots of data, as you are aware. While we do see that revenue and profit momentum is growing, you have to remember that the business is still in early phase, very early phase. The customer acquisition is still the game in the market. And then, monetization is the primary game that long term becomes.

With the commitment to build a long-term free-cash generating machine inside our payment and financial social business and expanding that to next time -- here we are. Good

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