Paytm reported its consolidated financial results for the fourth quarter of fiscal year 2025, posting a net loss of approximately Rs 540 crore, which reflects a narrowing from the previous year's Rs 550.5 crore loss. The loss was notably impacted by a one-time exceptional cost of Rs 522 crore related to stock option expenses. Revenue declined by about 16% year-on-year to Rs 1,912 crore, primarily due to a reduction in payments revenue attributed to lower UPI incentives, although quarter-on-quarter revenue showed a 5% increase. Despite the net loss, Paytm achieved a positive EBITDA of Rs 81 crore. Following the earnings announcement, Paytm's shares experienced a rise of 6% to 8%, reflecting investor response to the results. In related corporate earnings, Hindustan Petroleum Corporation Limited (HPCL) surpassed profit estimates with a Q4 profit of Rs 3,355 crore and recommended a dividend of Rs 10.5 per share. Mahanagar Gas also beat estimates and declared an Rs 18 final dividend. Piramal Enterprises reported a decline in Q4 profit but an increase in revenue, with its shares gaining over 4%. Additionally, APL Apollo Tubes posted a 72% increase in net profit to Rs 293 crore and a 15.6% rise in revenue to Rs 5,509 crore, with EBITDA up 47.5% to Rs 413.5 crore. Coal India delivered a decent Q4 performance with shares rising 3%, while REC, a Navratna PSU, saw its net interest income jump 38% year-on-year and declared a final dividend of Rs 2.60 per share.