Will's Blog: Paytm reports Q2 net profit of ~$111M, its first-ever profit, helped by the sale of its ticketing business in August; sales were down 34% YoY to ~$197.4M (Dimpal Gulwani/Reuters)

22 October 2024

Paytm reports Q2 net profit of ~$111M, its first-ever profit, helped by the sale of its ticketing business in August; sales were down 34% YoY to ~$197.4M (Dimpal Gulwani/Reuters)

Dimpal Gulwani / Reuters:
Paytm reports Q2 net profit of ~$111M, its first-ever profit, helped by the sale of its ticketing business in August; sales were down 34% YoY to ~$197.4M — India's Paytm (PAYT.NS) reported a narrower sequential quarterly loss before exceptional items on Tuesday, as its digital payments business recovers …

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