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Paytm reports profit of Rs 123 cr in Q1FY26 after two quarters of losses
Paytm achieved a net profit of Rs 123 crore in the June quarter, marking a turnaround after previous losses, driven by cost-cutting measures and AI integration. Revenue surged to Rs 1,917.5 crore, a 28% year-on-year increase, fueled by merchant subscriptions and financial services distribution.
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