Paytm Q3: Company turns profitable, registers 20% revenue growth

• Paytm's parent company, One97 Communications, reported a net profit of ₹225 crore in Q3, a significant turnaround from a ₹208 crore net loss in the same quarter last year.
• Revenue from operations increased by 20% year-on-year to ₹2,194 crore, driven by strong growth in payment and financial services.
• Financial services income grew 34% to ₹672 crore, while payment services revenue rose 21% to ₹1,284 crore.
• EBITDA turned positive at ₹156 crore with a 7% margin, despite promotional expenses and the new labor code's impact.
• Paytm secured all three major payment licenses from RBI and began re-onboarding online merchants after receiving the Payment Aggregator license.

Why It Matters: Paytm achieved profitability in Q3 with strong revenue growth and positive EBITDA, signaling a robust operational turnaround.