Paytm’s FY26 Gameplan

Paytm’s Q4 FY25 results couldn’t have been more paradoxical. Despite being weighed down by a fat net loss of INR 544.6 Cr in Q4 FY25, the fintech giant has made a healthy stride towards its goal of turning profitable in Q1 FY26. Perplexed?    

Well, if it were not for the exceptional loss of INR 522 Cr during the quarter, Paytm would have posted a loss before tax of INR 19.9 Cr, a giant leap from the INR 550.5 Cr loss incurred in the year-ago quarter.

However, eclipsing this silver…