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 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 crore due to a one-time gain. The fintech company had incurred a loss of Rs 290.
Paytm share price plunges 7% despite Q2 profit growth. Here's why
The digital payment firm's share price plunged sharply despite the company posting a net profit in the second quarter of the ongoing financial year.
Paytm Q2 Results: Net Profit Reached Rs 930 Cr; Revenue Jumps To Rs 1,660 Cr
For the quarter that concluded on September 30, 2024, Paytm reported a net profit of Rs 930 crore, which includes an exceptional gain of Rs 1,345 Cr from the sale of entertainment tickets.
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 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 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),
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 ...
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Paytm Rallies 6% After Nod For New UPI Users, Q2 Profit
Shares of Paytm jumped more than 6% on the BSE on October 23, a day after the fintech major received approval from NPCI to ...
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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 ...
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Paytm swings to profit in Q2 FY24, driven by ticketing biz sale to Zomato
One 97 Communications, the parent company of Paytm, saw its revenue from operations rise 10.51% in Q2 FY24 to Rs 1,659.5 ...
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Ex-Ola CBO Sidharth Shakdher Joins Paytm As Senior VP & CMO Ex-Ola CBO Sidharth Shakdher Joins Paytm As Senior VP & CMO
Ex- Ola Consumers' CBO Sidharth Shakdher has joined fintech major Paytm as its senior vice president and chief marketing ...
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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 ...
Paytm stock zooms 11% on NPCI nod to onboard new UPI users; brokerages mixed after Q2 show
Paytm has received NPCI's approval to onboard new UPI users, marking a significant milestone following its Q2 net profit of Rs 930 crore, largely driven by a one-time gain from Zomato.
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Paytm reports ₹930cr profit in Q2 after selling ticketing business
Paytm 's parent company One 97 Communications Ltd has posted a whopping profit of ₹930 crore for the second quarter ending ...
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Paytm Q2 Results Review - Sustained Recovery; TPAP License To Drive Growth: Dolat Capital
The brokerage expects robust growth of 15.5% QoQ, driven by the festive season tailwind and improving business recovery in ...