India, May 7 -- Paytm's Bitter-Sweet Quarter
Despite posting a flat net loss of INR 544.6 Cr in Q4 FY25, Paytm has made a healthy stride towards its goal of turning profitable in Q1 FY26. What's interesting about this equation is that while profitability may look far-fetched for Paytm, it is not.
Understanding The 'Loss' Equation: If it were not for the INR 522 Cr exceptional loss during the quarter, Paytm would have posted a loss before tax of INR 19.9 Cr, a giant leap from the INR 550.5 Cr loss incurred in the year-ago quarter.
During the quarter, the fintech giant was slapped with an INR 492.4 Cr non-cash accelerated charge (the very cause of the massive loss) due to Paytm founder and CEO Vijay Shekhar Sharma surrendering 2.1 Cr ESO...
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