Paytm Reports Strong Turnaround in Q3, Posts ₹225 Crore Net Profit
Digital payments and financial services firm Paytm has announced a strong financial turnaround in its Q3 results, reporting a net profit after posting losses in the same period last year.
The company reported a net profit of ₹225 crore for the quarter, compared to a loss of ₹208 crore in the corresponding period last year, marking a significant improvement in profitability.
Revenue from operations rose 20% year-on-year to ₹2,194 crore, up from ₹1,828 crore, driven by growth across payments, lending distribution, and merchant services.
Paytm also reported a sharp improvement in operating performance. EBITDA stood at ₹156 crore, compared to an EBITDA loss of ₹223 crore in the year-ago quarter, reflecting better cost control and operating leverage.
The latest results highlight Paytm’s progress toward sustainable profitability, supported by higher revenues and improved operational efficiency.
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