Internet Software & Services company One97 Communications announced Q1FY26 results Q1FY26 Financial Highlights: Operating revenue grew by 28% YoY to Rs 1,918 crore, due to increase in number of subscription merchants, higher GMV and growth in revenues from distribution of financial services. Contribution profit at Rs 1,151 crore (up 52% YoY), with a contribution margin of 60% (up 10 percentage points YoY), driven by improved net payment revenue, higher share of distribution of financial services revenue, and reduction in direct expenses. EBITDA and PAT turned profitable at Rs 72 crore (margin of 4%) and Rs 123 crore respectively, demonstrating AI-led operating leverage, disciplined cost structure and higher other income. Cash balance of Rs 12,872 crore, providing capital flexibility to expand merchant payments, distribution of financial services, and AI-led innovations. Business Highlights: Net payment revenue was up 38% YoY to Rs 529 crore, led by growth in high quality subscription merchants and increase in payment processing margins. Distribution of financial services revenue increased by 100% YoY to Rs 561 crore, driven by growth in merchant loans, trail revenue from DLG portfolio, and improved collection performance. Undisputed leadership in merchant payments continues with 1.30 crore merchant device subscriptions across MSMEs and enterprise payment merchants. Result PDF