Paytm remains profitable for straight third quarter; Q1FY24 revenue jumps 39 pc YoY to Rs 2,342 crore

New Delhi [India], July 21 (ANI): India's leading payments and financial services company Paytm has announced strong June quarter earnings driven by increase in merchants subscription revenues, merchant payment volumes and loan disbursals.

In Q1FY24, the company's revenue surged by 39 per cent year-on-year to Rs 2,342 crore while EBITDA before ESOP cost grew to Rs 84 crore as compared to Rs 52 crore in last quarter (exclu