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Paytm, Rs
Paytm Q2 Results: Fintech swings to black with Rs 928 crore profit vs YoY loss
Paytm's revenue dropped 34% year-on-year (YoY) to Rs 1,660 crore against Rs 2,519 crore in the corresponding quarter of the previous year.
Paytm swings back to profit at Rs 928.30 crore on gains from ticketing business sale, revenue drops by 34.1% YoY
Paytm posted revenue from operations at Rs 1659.50 crore, down 34.1 per cent as against Rs 2518.60 crore during the same period of FY24.
Paytm Records a Profit of Rs 928 Crore, YoY Revenue Drops by 34%
The profit this quarter is attributed to a one-time exceptional gain of Rs 1,345 crore because of the sale of the entertainment ticketing business to food delivery company Zomato
Paytm posts first-ever profit helped by ticketing biz sale to Zomato; revenue down 34% YoY
The sale of Paytm Insider resulted in a one-time gain of Rs 1,345 crore for the company in the quarter ended September 30, helping it swing to a profit from a year-earlier loss of Rs 291 crore and taking its cash balance to Rs 9,
Paytm shares slide 7.7% after Q2 results as revenue declines and one-time gain helps profit
The stock of One97 Communications has delivered a return of 84% in the last six months. However, the stock hasn't even come close to its IPO price of Rs 2,150.
Paytm posts Rs 928 cr profit in Q2 after selling ticketing unit to Zomato
Paytm reported the Rs 2,048 crore-transaction with food aggregator Zomato as an “exceptional gain” of Rs 1,345.4 crore, resulting in the company turning profitable after losses in previous quarters. Year-on-year (Y-o-Y),
inc42
7h
Paytm Gets NPCI Nod To Onboard New UPI Customers
Paytm has said that it has received approval from the the National Payments Corporation of India (NPCI) to onboard new UPI ...
Indian Television Dot Com
1d
Paytm reports Q2 profit amid strategic realignment and cost optimisation
Mumbai: Amidst an evolving digital payments landscape,
Paytm
's parent company, One 97 Communications, has achieved a ...
Fortune India
19h
Paytm records ₹928 cr profit on ticket biz sale in Q2; revenue down 34%
Without the exception gains, Paytm's loss for the said quarter stood at ₹495 crore, up 70% compared to the same quarter last ...
ndtvprofit
19h
Paytm Share Price Drops 5% After Q2 Report As Company Promises Loan Default Guarantees
Paytm's stock fell by 5% on Tuesday following the company's quarterly earnings report, despite posting a net profit of Rs 930 ...
18h
Paytm shares tumble nearly 6% to day's low after Q2 revenue falls 34% YoY
Shares of Paytm dropped 5.8% as their Q2 revenue fell 34% YoY, despite reporting a consolidated profit after tax of Rs 928.3 ...
20h
India's Paytm posts narrower Q/Q loss before exceptional item on payments business recovery
India's Paytm reported a narrower sequential quarterly loss before exceptional items on Tuesday, as its digital payments ...
devdiscourse
9h
Paytm Sails to Profit with Strategic Divestments
One97 Communications, Paytm's parent, achieved a net profit of Rs 928.3 crore in Q2 2024, reversing last year's loss. An ...
ndtvprofit
21h
Paytm, Zomato, Adani Green, Bajaj Finance Among 70 Companies To Declare Q2 Results Today — Full List Here
Other prominent players scheduled to release the September quarter results include Indus Towers, Varun Beverages, Olectra ...
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