Paytm share price gained more than 1% in early trade on Thursday, 6 August, even as early investor Elevation Capital and its affiliated entities pared their holdings through a large block deal worth over ₹2,038 crore. According to exchange data, Elevation Capital V sold 10.20 lakh shares for ₹139.55 crore, while SAIF III Mauritius Company offloaded 97.43 lakh shares worth ₹1,332.7 crore. SAIF Partners India IV also sold 41.36 lakh shares valued at ₹565.77 crore. Collectively, the three entities divested 1.49 crore shares for a total consideration of ₹2,038.02 crore. Before the transaction, SAIF III Mauritius Company and SAIF Partners India IV, both affiliated with Elevation Capital (formerly SAIF Partners), held 8.55% and 3.63% stakes in Paytm, respectively. On the buying side, the National Pension System (NPS) Trust emerged as the largest acquirer, purchasing 30.2 lakh shares worth ₹413.07 crore. Axis Mutual Fund acquired 27 lakh shares valued at ₹369.3 crore. Other prominent buyers included Morgan Stanley, Goldman Sachs, Société Générale, BNP Paribas Financial Markets, Sundaram Mutual Fund, Manulife Global Fund, Kotak Mahindra Asset Management Company, ICICI Prudential Life Insurance, Ghisallo Master Fund, Franklin Templeton Mutual Fund, and Tata Mutual Fund. In July, Paytm reported its highest-ever quarterly EBITDA for the quarter ending June 2026 (Q1 FY 2027), driven by accelerated growth across merchant and consumer businesses, EBITDA margin expansion, and AI-led acceleration in operating leverage. During Q1 FY27, operating revenue increased 28 per cent YoY to ₹2,448 crore, while EBITDA rose 182 per cent YoY to a record ₹203 crore, with EBITDA margin expanding to 8 per cent. Profit after tax increased 79 per cent YoY to ₹220 crore. On a comparable basis, excluding the Payments Infrastructure Development Fund (PIDF) incentive, which was applicable till December 2025, operating revenue grew 31 per cent YoY, while EBITDA margin expanded by 7 percentage points YoY, reflecting the strength of the underlying business. Merchant GMV growth accelerated to 31 per cent YoY to ₹7.1 lakh crore, led by investments in product, distribution and service of device merchants and increasing momentum in the online merchant business following receipt of the online Payment Aggregator licence last year. Net payment revenue increased 25 per cent YoY on a comparable basis to ₹601 crore, supported by payment processing margin structurally improving to above 4 bps and continued growth in device merchants, which reached 1.57 crore.