Paytm invests ₹2250 Cr in PPSL; Q3 profit ₹211 Cr

• Paytm's parent, One97 Communications, invested ₹2250 crore in its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), via a rights issue.
• PPSL secured final RBI approval in November 2025 to operate as a payment aggregator, allowing it to onboard merchants for online transactions.
• One97 Communications transferred its offline merchant payment business to PPSL, receiving a one-time cash payment, without altering ownership or control.
• One97 Communications reported a net profit of ₹211 crore in Q3 2025, its second consecutive profitable quarter, with operating revenue up 24% to ₹2,061 crore.
• Paytm's share price increased ~46% in 6 months; ICICI Securities raised its target price to ₹1,450, projecting strong growth from payments and loan distribution.

Why It Matters: Paytm's investment in PPSL boosts its payment aggregator business and financial growth.