Reported 1 day ago
Indian fintech company Paytm announced its goal of achieving profitability within the next one to two quarters, following a reduction in its third-quarter loss and an uptick in revenue, particularly from its payment and financial services. The company reported a loss of 2.04 billion rupees, down from 4.07 billion in the previous quarter, while operational revenue rose by 10.1%. Despite regulatory challenges in the past, Paytm's fundamentals appear to be improving, reflecting optimism for future growth.
Source: YAHOO