FILE PHOTO: The interface of Indian payments app Paytm is seen in front of its logo displayed in this illustration picture taken July 7, 2021. REUTERS/Florence Lo/Illustration/File Photo
BENGALURU (Reuters) - Indian digital payments firm Paytm posted an operating profit for the fifth consecutive quarter on Friday on account of festive season-led sales.
Operating profit, which the company defines as core profit before cost of employee stock-options, was at 2.19 billion rupees for the quarter ended Dec. 31 compared with 310 million rupees a year ago.
