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Paytm Achieves First Operating Profit Milestone

  • Paytm has reported a net profit of Rs 123 crore for Q1 FY26, marking its first operating profit since its IPO.
  • The fintech firm's strategy of focusing on financial product distribution and merchant monetisation is bearing fruit.
  • Paytm shares hit a 52-week high, closing at Rs 1053.10, despite being over 50% below their IPO price.
  • Operating revenue increased 28% YoY, driven by revenue from financial services and payment services.
  • Indirect costs reduced with significant declines in ESOP expenses and marketing costs, contributing to improved profitability.

Source: The Arc

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11d ago
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