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Paytm, India's leading digital payment platform, forecasts its first profit, reporting ₹18.9 crore net gain.
Paytm, India's largest digital payment platform, is expected to report its first profit on July 22, with analysts predicting a net profit of ₹18.9 crore for the first quarter of FY26.
This marks a significant turnaround from a loss last year, driven by strong revenue growth in payments and financial services.
Despite a 122% rise in shares over the past year, the stock is still 53% below its IPO price.
Investors will be watching for updates on regulatory developments and the sustainability of Paytm's improved financial performance.
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Paytm, la plataforma de pago digital líder de la India, pronostica su primera ganancia, reportando una ganancia neta de ₹18.9 crores.