Business
Crypto
Markets
INDIA
Stocks
Paytm’s Q3 results show a marked improvement. The net loss narrowed to ₹208 crore, compared to ₹481 crore last year. Despite a 36% revenue drop to ₹1,828 crore, the company controlled expenses well. The EBITDA margin improved to -17% from -35%, reflecting better cost management.
Paytm’s focus on reducing cash burn and optimizing costs has helped. Their loan disbursements grew by 128% year-on-year. This growth in financial services contributed to the better performance. The company’s gross merchandise value (GMV) rose by 51% year-on-year, reaching ₹3.2 trillion.
Paytm’s platform attracted more users and merchants, thanks to their expanding product offerings. The company continues to improve user experience, drawing more users to its ecosystem.
In summary, Paytm’s Q3 results show a positive trend, with reduced net loss and better operational performance. Their strategic efforts in cost optimization and financial services growth have paid off, leading to cautious optimism for the future.
