Paytm shares fall 4% as reports suggest Antfin to sell up to 4% stake in firm via block deal; check details

In the early session, shares of the fintech firm was trading at ₹849.40 apiece, falling 1.92% on NSE. The stock has slipped over 4% from its previous close.

Paytm has seen several selldowns in the past two years, including the exit of Warren Buffett's Berkshire Hathaway and Japan's SoftBank Group. Antfin had also previously sold a 10.3% stake in Paytm in August 2023 to founder and CEO Vijay Shekhar Sharma.

One97 Communications, parent of payment services provider Paytm, last week had reported a narrowing of net loss to ₹540 crore in the January-March quarter from a loss of ₹550 crore in the same period last year.

Its revenue from operations declined 16% in the fourth quarter of the financial year 2024-25 to ₹1,911 crore as against ₹2,267 crore registered in the year-ago period.

During the quarter, Paytm reduced its indirect costs by 1% quarter-on-quarter (QoQ) to ₹991 crore, marking a 16% year-on-year (YoY) decline. This was largely due to a 36% YoY reduction in non-sales employee costs.

The company’s EBITDA before ESOP (including UPI incentive) stood at ₹81 crore, while excluding UPI incentives, it improved by ₹51 crore QoQ to ₹11 crore, reflecting better operational efficiency, the Noida-based company said.

“In Q4 FY 2025, we achieved operating revenue of ₹1,911 crore, with an increase in revenues from distribution of financial services and ₹70 crore of UPI incentive for FY 2025. Excluding the UPI incentive, revenue increased 1% QoQ, despite the festive season surge in payments volume in the previous quarter. Our net payment margin, including UPI incentive, was at ₹578 crore,” the company had said.

Despite business disruptions in the first half of FY 2025, Paytm’s platform demonstrated strong consumer and merchant stickiness. The company expanded its device merchant network to 1.24 crore as of March 2025, adding 8 lakh merchants in Q4 alone, driven by innovative offerings and an extensive field force.