Paytm App and Paytm UPI payments working normally
Paytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Operating revenue increased twenty-eight percent year-over-year to Rs 2,448 crore. EBITDA rose one hundred eighty-two percent year-over-year to a record Rs 203 crore. Profit after tax increased seventy-nine percent year-over-year to Rs 220 crore.
Paytm, India's leading payments and financial services company, has confirmed that its app and UPI payments are functioning normally. Users can still send and receive money via Paytm UPI, scan and pay using UPI QR codes, recharge mobile phones, and pay utility bills through the app. The company promises a simple, trusted, safe, and secure payments experience for all transactions.
Paytm's spokesperson stated that "Our services are working normally. Customers can continue to use the Paytm app as usual for UPI payments, money transfers, recharges, bill payments, and other services." Earlier on July 21, Paytm reported its financial results for the quarter ending June 2026 (Q1 FY 2027). The company reported its highest ever quarterly EBITDA, driven by growth acceleration in both merchant and consumer businesses.
EBITDA margin expanded to 8%, with operating revenue increasing by 28% year-over-year to Rs 2,448 crore. EBITDA rose by 182% YoY to a record Rs 203 crore, showcasing a 7 percentage point expansion in EBITDA margin YoY. Profit after tax also increased by 79% YoY to Rs 220 crore.
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