Fintech major Paytm reported yet another profitable quarter in Q3 FY26, posting a consolidated net profit of INR 225 Cr as against a loss of INR 208 Cr in the year-ago quarter. On a QoQ basis, profit surged over 10X from INR 21 Cr. Important to highlight that the company incurred an exceptional loss of INR 190 Cr in the previous quarter, barring which it would have reported a profit before tax of INR 211 Cr in Q2. Meanwhile, operating revenue increased 20% YoY and 7% QoQ to INR 2,194 Cr in the quarter under review. Including other income of INR 212 Cr, total income stood at INR 2,406 Cr during the period under review. Meanwhile, total expenses declined 2% to INR 2,175 Cr from INR 2,220 Cr in the previous year’s quarter. During the quarter under review, Paytm also incurred an additional expense of INR 12 Cr pertaining to the recently implemented labour codes. Meanwhile, Paytm reported an EBITDA of INR 156 Cr and a margin of 7%, against an EBITDA loss of INR 223 Cr in the year-ago period. The company’s average monthly transacting users (MTUs) for the period increased 60 Lakhs YoY to INR 7.6 Cr. Besides… Read MoreInc42 Media
