India's Paytm posts 76% leap in quarterly revenue as loan growth jumps

India's Paytm posts 76% leap in quarterly revenue as loan growth jumps

FILE PHOTO: Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Indian digital payments firm Paytm reported a 76% jump in second-quarter revenue, helped in part by a surge in loan growth, while the company reiterated that it would turn profitable by September 2023.

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