Tech
Paytm Swings To Profit, Posts INR 123 Cr PAT In Q1
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Paytm had reported a net loss of INR 840.1 Cr in Q1 FY25 and a loss of INR 544.6 Cr in Q4 FY25
The Vijay Shekhar Sharma-led company’s revenue from operations grew 28% to INR 1,918 Cr during the quarter under review from INR 1,502 Cr in Q1 FY25
Total expenses for the quarter under review declined 18% to INR 2,016.1 Cr from INR 2,476.4 Cr in Q1 FY25
Fintech major Paytm turned profitable in the first quarter of FY26, posting a consolidated net profit of INR 122.5 Cr…
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