Paytm swings back to profit at Rs 928.30 crore on gains from ticketing business sale

One 97 Communications Ltd, the parent company of Paytm, saw a significant turnaround in the fiscal second quarter with a profit of Rs 928.30 crore, thanks to a one-time gain of Rs 1,345 crore from the sale of its entertainment ticketing business. Despite a decrease in revenue, the company’s EBITDA improved by Rs 388 crore […]