Bengaluru, Nov. 25 -- Payment services provider PayU India turned profitable in the September quarter, with adjusted Ebitda turning positive at $3 million from a loss of $6 million a year ago largely due to a growth in its merchant-lending business. The Prosus-backed firm's Ebitda margin rose 400 basis points to 1%. Ebitda is earnings before interest, taxes, depreciation and amortisation. PayU's revenue in the quarter rose to $214 million, up 21% from a year ago and 17% sequentially. The finances were posted in Dutch investor Prosus' half-yearly update on Monday. Prosus' latest India disclosures attribute much of this to PayU's merchant lending arm, whose assets under management rose from $25 million in April 2024 to $204 million by Septemb...