AgenciesTech
Paytm turns profitable in Q1 FY26 as revenue rises, costs fall
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Synopsis
Paytm has reported its first-ever profitable quarter, posting a net profit of Rs 122 crore for Q1 FY26, a sharp turnaround from a net loss a year ago.
AgenciesPaytm has reported its first-ever profitable quarter, posting a net profit of Rs 122 crore for Q1 FY26, a sharp turnaround from a net loss of Rs 840 crore a year ago. The milestone comes on the back of robust revenue growth and disciplined cost management. Operating revenue rose 27% year-on-year to Rs 1,917 crore, up from Rs 1,501 crore in the same quarter last year.
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