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![Inc42 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::605783487.png) Inc42 [@Inc42](/creator/twitter/Inc42) on x 51.1K followers
Created: 2025-07-23 09:36:11 UTC

A year ago, delivering quarterly profit seemed like a distant dream for Paytm. Hit by the RBI’s crackdown on the fintech major’s associate, Paytm Payments Bank, in January 2024, the company seemed to be in a state of doldrums.

Degrowth in revenue, decline in the number of merchants and rising losses hurt the company for the most part of 2024. It reported a consolidated net loss of INR XXX Cr in the first quarter of FY25.

Now, a year later, the Vijay Shekhar Sharma-led company has reported a net profit of INR XXXXX Cr in Q1 FY26. While the company did post a profit of INR XXX Cr in Q2 FY25, it was due to the sale of its entertainment ticketing business to Eternal (then Zomato).

So, what changed over the past year? The answer is it decided to bring back its focus on the payments business.

Read here -

#Paytm #fintech #tech #RBI #

![](https://pbs.twimg.com/media/GwiFuxAWsAAFG3R.jpg)

XXX engagements

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**Related Topics**
[indian rupee](/topic/indian-rupee)
[fintech](/topic/fintech)
[rbis](/topic/rbis)

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