Paytm turns profitable: Fintech firm posts Rs 122.5 crore Q1 net...

Dununu.com Dununu

Commandité

Paytm turns profitable: Fintech firm posts Rs 122.5 crore Q1 net profit, driven by cost cuts and payments growth

RSS Feed Business

Posté

70

Paytm achieved its first-ever consolidated net profit of Rs 122.5 crore in Q1 FY26, a significant turnaround from a loss of Rs 840 crore in the previous year. This profitability was driven by cost optimization, increased payment revenues, and AI-led operating leverage. The company saw revenue growth, a surge in merchant subscriptions, and a doubling of financial services distribution revenue.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

Surveen reflects on facing casting couch: 'It was just filthy...'

Surveen Chawla revealed the emotional challenges she faced due to the prevalent casting couch...

Par 0 9

Electronics exports: India challenges China’s dominance, eyes leadership in manufacturing

India is poised to become a major electronics manufacturing hub, challenging China and Vietnam,...

Par 0 10

Forex woes: Rupee drops for sixth straight day amid Dollar strength, FII outflows

The rupee weakened for the sixth straight session, closing at 86.41 against the dollar due to a...

Par 0 10

'Can be discussed': Tejashwi Yadav on possibility of Bihar election boycott over SIR exercise; says 'will see what the people want'

Par 0 14

BTSC Pharmacist Result 2025 out tomorrow at btsc.bihar.gov.in: Check steps to download

Par 0 28