HomeNewsVideosTrendsFeaturesHow Paytm Achieved Profitability Ahead of Guidance: Insights from Q3 FY23 Results

How Paytm Achieved Profitability Ahead of Guidance: Insights from Q3 FY23 Results

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.

April 30, 2023 / 10:42 IST
Story continues below Advertisement

first published: Apr 30, 2023 10:42 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!