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Paytm Q3 Results: Net Loss Narrows, Company Becomes Profitable at EBITDA Level

  • Paytm reported a net loss of Rs 392 crore.
  • Operating profit improved by Rs 424 crore from the year-ago period.
  • Margin improved to 2% of revenue from -27% year ago.
  • Improvement in contribution profit and strong operating leverage contributed to the profitability.
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