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Zomato helps Paytm make lemonade out of lemons, at least for a while
Paytm posted a profit of Rs 930 crore in Q2 FY 2025, driven by a one-time gain from selling its entertainment ticketing business to Zomato for Rs 2,048 crore. However, Paytm's marketing services revenue dipped, while credit card distribution and travel services showed strong performance.