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Expecting Paytm to turn profitable next quarter: Sharma
Financial Express Delhi
|May 07, 2025
FINTECH FIRM ONE97 Communications, owner of the Paytm brand, has reported narrowing of consolidated loss to ₹545 crore for the fourth quarter ended March 31, 2025, following a reduction in payment processing charges and employee benefits.
CEO Vijay Shekhar Sharma said during the company's earning call, "We are on the verge of PAT (profit after tax) profitability. I am very sure that next quarter onwards, if everything goes as we are seeing, it could very well be a PAT quarter."
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