Paytm's financial services distribution star performer Bernstein
Bernstein flagged Paytm’s financial services distribution as the standout in Q1 FY27, with revenue up 45% to Rs 814 crore driven by stronger cross-selling of credit and other financial products, while overall revenue grew 28% and EBITDA surged about 182% (nearly tenfold excluding PIDF). The report credits disciplined costs, with platform-building expenses falling 3%, and highlights robust payments growth—merchant GMV up 31% and consumer UPI value up 45%—as evidence of sustained engagement and widening profitability.
Finance · 6 sources · Jul 22, 2026Read it
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About Jefferies & Company
Jefferies Group LLC is an American multinational independent investment bank and financial services company that is headquartered in New York City. The firm provides clients with capital markets and financial advisory services, institutional brokerage, securities research, wealth management and asset management. This includes mergers and acquisitions, restructuring, and other financial advisory services. The Capital Markets segment also includes its securities trading and investment banking activities.
Everything about Jefferies & Company →- Country
- Germany
- Headquarters
- New York City, Frankfurt
- Inception
- 1962
- Website
- http://www.jefferies.com/