Helped by a growing number of payment instruments and growth in bill payments, digital payments and financial services company One97 Communications (Paytm) reported a strong 89% year-on-year revenue growth from operations in the first quarter of 2022-23. The EBITDA (before ESOP cost) loss of Rs 275 crore was reduced by Rs 93 crore on a year-on-year basis. Management confident of reaching operating profitability by September 2023