Representational image of the Paytm logo
| Photo Credit: Reuters
Fintech company Paytm reported a quarterly profit on Tuesday (July 22, 2025), aided by strong lending business and as it kept a tight lid on expenses.
The firm posted a profit of ₹122.5 crore for the three months ending June 30, its first quarterly profit since the September 2024-quarter, which had come on the back of a one-time gain from the sale of its ticketing business.
The company has increased its focus on core businesses and lowered expenses to move towards profitability.
The firm had posted a loss of ₹840 crore in April-June a year earlier, on weakness in its payments business after the Reserve Bank of India’s directive to shut down its banking unit in January 2024.
For the latest quarter, its revenue from operations rose 28% to ₹1,918 crore.
Revenue from financial services, which includes the loan business, doubled year-on-year and payment services business climbed 18%.
Expenses fell 19% year-on-year to ₹2,016 crore.
Paytm’s earnings before interest, taxes, depreciation, and amortization before the cost of employee stock options, a key metric for the company, were a positive ₹102 crore for the quarter.
Published – July 22, 2025 05:04 pm IST