Paytm shares fall 4% despite Q3 net profit rocketing 971% QoQ. Buy, sell or hold?

Paytm shares fell 4% even as it reported a significant turnaround in its third-quarter results, posting a consolidated net profit of Rs 225 crore, a stark contrast to last year's loss. Revenue from operations climbed 20% year-on-year, driven by strong growth in payments GMV and financial services distribution. The company also saw a substantial increase in its EBITDA, reaching Rs 156 crore.