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Paytm Posts 1st Net Income
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 posts Rs 928 cr profit in Q2 after selling ticketing unit to Zomato
One97 Communications, which operates fintech firm Paytm, on Tuesday announced a consolidated profit of Rs 928.3 crore in the second quarter of Financial Year 2024-25 (Q2 FY25) compared to a loss of Rs 290.5 crore a year ago on the back of selling its movie ticketing and events business.
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 fights to rebound from regulatory setbacks.
4h
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 ...
inc42
3m
Paytm Inks FLDG Pact To Boost Lending Play For Merchants
As a result of this, it has entered into a first loss default guarantee (FLDG) agreement with SMFG India Credit ...
1h
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 ...
ndtvprofit
2h
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 ...
Hosted on MSN
1h
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 ...
Outlook Business
40m
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 ...
37m
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.
2h
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 ...
2h
Paytm Q2FY25 result: Consolidated net profit at Rs 930 cr; revenue down 34%
The company's net profit was boosted by a one-time gain of Rs 1,345 crore from the sale of its movie ticketing business to ...
1h
on MSN
Zomato helps Paytm make lemonade out of lemons, at least for a while
Paytm posted a profit of Rs 930 crore in Q2 FY 2025, driven by a one-time gain from selling its entertainment ticketing ...
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