Paytm in green with Rs 123 crore profit, driven by revenue growth and cost cuts

One97 Communications, the parent firm of Paytm, on Tuesday reported a profit of ₹123 crore for the quarter ended June 30, 2025 (Q1FY26), driven by an increase in payment revenue and cost optimisation. The company had earned a loss of ₹840 crore in Q1FY25.

This is the first time the fintech firm has recorded a net profit backed by its own operations, an indication of which was given by founder and CEO Vijay Shekhar Sharma in the previous quarter (Q4FY25).

Read more

You may also like

Comments are closed.

More in IT