Paytm, India's leading Fintech, reached EBITDA level profitability three quarters ahead of its guidance, reporting a narrowed net loss and strong revenue growth in Q3 FY23. The pioneer of mobile and QR-based payments in India, Paytm's offline payments leadership continues to grow along with sustained growth in loan distribution business. Paytm achieved operating profitability through disciplined cost management and increased operating leverage.
first published: Apr 30, 2023 10:42 am
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