India, July 23 -- Paytm Posts Profits, Finally

A year ago, Paytm was facing an existential crisis due to RBI's crackdown. Result? The fintech giant bled revenues, and saw its merchants flee and losses climb, while its stock price was on a downward spiral. Beating all odds, Paytm charted a stunning turnaround and posted a profit of INR 123 Cr for the first time in Q1 FY26.

So, what has fuelled the dramatic reversal of fates?

Running Lean: Paytm spent the last year selling its cash-guzzling ticketing business, Paytm Insider, to Zomato and divesting its stake in PayPay to SoftBank. This helped the fintech major save capital and provided the financial flexibility to expand its core merchant payments vertical and invest in AI-led innovation...