India, March 13 -- How Far Is Paytm From Profitability?

Paytm has had a tough couple of years. While the RBI's crackdown on its payments bank arm set the company back (on the revenue front) by a year, its mounting losses have been making retail investors jumpy. Amid the humdrum, the company claims to be on the path to turning profitable in the next two quarters.

So, is Paytm's optimism well-founded?

The answer may not be as straight forward as the question itself. For starters, while Paytm's aggressive cost-cutting exercise appears to have helped it trim indirect expenses, experts feel that the fintech giant is already overstretched and cannot afford to further reduce expenditures at the scale at which it operates.

Making matters wors...