How Refocussing On Payments Biz Helped Paytm Turn Profitable

The move to double down on the payments vertical, coupled with the use of AI to cut costs, finally showed results as the company reported a profit of INR 123 Cr in Q1 FY26

Paytm’s push for merchant subscription was seen during the quarter, with its user base of merchants with subscriptions seeing a 20% YoY growth to 1.3 Cr

The increase in its merchant base also helped the company augment its revenue from the distribution of financial services, which includes loans, equity broking and insurance services

A year ago,…