
Paytm reports profit of Rs 123 crore in Q1FY26 after two quarters of losses
MUMBAI: Paytm swung to profit in the June quarter after two straight quarters of losses, posting net profits of Rs 123 crore on a consolidated basis as attempts to check costs and streamline operations leveraging AI paid off. The Noida-based fintech, whose business had been impacted following RBI’s directive to wind down its banking unit…