In its Q3 FY25 earnings call, Paytm CFO Madhur Deora outlined that the company is expecting to turn profitable on an adjusted EBITDA basis in one or two quarters
The company aims to serve 200-250 Mn people in the country, and added that it is recalibrating its strategy around credit distribution
Paytm’s consolidated net loss narrowed 6% year-on-year (YoY) to INR 208.5 Cr in Q3 FY25 from INR 221.7 Cr in the same quarter last year on the back of recovery in its digital payments business
Fintech major Paytm is on…