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Paytm, Rs and Zomato
India's Paytm Posts First-Ever Quarterly Profit on Gain From Ticketing Business Sale
(Reuters) - India's Paytm reported its first-ever quarterly profit since listing, helped by a one-time gain from the sale of its entertainment ticketing business to Zomato.
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Paytm Q2 results One97 Communications windfall gains EBITDA profitability financial services Default Loss Guarantee gross merchandise value
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),
2h
on MSN
Indian fintech Paytm's Q2 results show regulatory woes still haunt, shares drop
India's Paytm barely slowed its revenue decline in the second quarter, while its user base dwindled in its key digital ...
devdiscourse
56m
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 ...
10h
Paytm Posts First Net Income After Selling Assets to Zomato
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer ...
Your Story
1h
Why Paytm is betting on FLDG model to boost lending and revenue
CEO Vijay Shekhar Sharma said that Paytm's FLDG-backed lending will serve as a cornerstone for the company’s growth, enabling ...
1h
on MSN
Paytm Q2 Results Preview: Net loss expected to widen to ₹660 crore, GMV to be flat YoY
Paytm is expected to clock revenue from operations of ₹1,617 crore in Q2FY25, a 35% fall year-on-year (YoY). However, revenue ...
thetechportal.com
7h
Paytm reports ₹930 crore Q2’25 profit from Insider sale to Zomato, other losses increase year-on-year
Paytm has reported its Q2 numbers for FY 25, with profits of ₹930 crore resulting from the sale of its event business to ...
1h
Paytm reports Rs 930 crore net profit after one-time gain, stock down over 4 pc
The shares of One 97 Communications Ltd (parent company of Paytm) slumped over 4 per cent on Tuesday after the fintech ...
2h
Paytm eyes 83% drop in ESOP costs by FY27 amid AI push
Implementation of AI across businesses has helped bring down employee cost by 23 percent from Q3FY24, Paytm said in its latest financial report.
10h
Paytm's first net income after asset sale to Zomato leaves stock market unimpressed
Paytm achieved its first net income of 9.3 billion rupees, aided by a 13.5 billion rupee gain from selling its events ...
8h
Paytm swings to ₹930 crore profit in Q2 on boost from one-time gain
One97 Communications Ltd, owner of Paytm, reports ₹930 crore net profit in Q2 2024, driven by exceptional gain.
8h
on MSN
Paytm Q2 Results: Fintech swings to black with Rs 928 crore profit vs YoY loss
Fintech company One 97 Communications, which operates the payments platform Paytm on Tuesday, reported a consolidated profit ...
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