Paytm Q4 preview: One 97 Communications may swing to profits despite up to 13% likely drop in revenues

Paytm is expected to report its Q4FY25 earnings on Tuesday, with brokerages split on profitability—PAT estimates range from a Rs 112 crore loss to a Rs 4.5 crore profit.

Revenue estimates for the quarter range between Rs 1,975 crore and Rs 2,199 crore, reflecting up to 13% YoY decline but sequential growth.

JM Financial sees improving operational metrics with adjusted EBITDA turning positive, while Yes Securities expects better margins due to UPI incentives.

Motilal Oswal forecasts narrowing losses and improved profitability from lower depreciation and rising disbursements.