menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Paytm aims...
source image

Yourstory

2w

read

196

img
dot

Image Credit: Yourstory

Paytm aims to be profitable in Q4 of FY25

  • One97 Communications, the parent company of Paytm, aims to be profitable in the last quarter of FY25.
  • During an earning call, Paytm Founder and CEO Vijay Shekhar Sharma stated that the path to profitability will be driven by the core business and new areas of investment.
  • For the third quarter, Paytm reported a narrowing of consolidated loss to Rs 208.5 crore, mainly due to cost reduction and a recovery in business performance.
  • Paytm has launched a display-enabled soundbox, catering to the demand of premium merchants who seek confidentiality in in-store transactions.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app