Turning tide: Fintech firm Paytm’s Ebitda likely to break even this quarter
By
Binu Mathew
One97 Communications, the company that operates Paytm, is expected to achieve breakeven at an Ebitda (earnings before interest, taxes, depreciation, and ammortisation) level before ESOP (Employee Stock Ownership Plan) expenses in the current or fourth quarter of the financial year 2024-25 (Q4FY25), according to two brokerage estimates.
It is expected to achieve breakeven at net profit level in Q4FY26, brokerage firm Mirae Asset Capital Markets said in a note.