Paytm reports Q2 net profit of ~$111M, its first-ever profit, helped by the sale of its ticketing business in August; sales were down 34% YoY to $197.4M (Dimpal Gulwani/Reuters) 22-10-2024

Dimpal Gulwani / Reuters:
Paytm reports Q2 net profit of ~$111M, its first-ever profit, helped by the sale of its ticketing business in August; sales were down 34% YoY to $197.4M — India’s Paytm (PAYT.NS) reported a narrower sequential quarterly loss before exceptional items on Tuesday, as its digital payments business recovers …