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Paytm, 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.
Zomato’s $1-billion fundraise; Paytm posts first-ever profit
Zomato is planning to raise Rs 8,500 crore via the QIP route to take on the competition in the quick commerce stakes. This and more in today's ETtech Top 5.
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 crore from Rs 1,501.6 crore in Q1 FY24.
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 business recovers from the central bank-ordered winding down of its banking unit earlier this year.
Paytm Posts ₹930 Cr Profit On The Back Of Ticketing Business Sale To Zomato, Revenue Slumps 34%
One 97 Communications, the parent firm of Paytm reported its second-quarter results on Tuesday following which shares dived by nearly 4%. What Happened: The fintech giant posted a 34% decrease in operational revenue to ₹1,
1h
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 ...
9h
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 ...
The Financial Express
5h
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 ...
thetechportal.com
5h
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 ...
41m
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.
LIVE
The Financial Express
2h
Q2 Results 2024: Paytm, Adani Green, Zomato, Varun Beverages, Shoppers Stop, others releasing Q2 report today
Today, companies like Bajaj Finance, Adani Green Energy Limited, Zomato, Varun Beverages, ICICI Prudential Life Insurance ...
India Today on MSN
7h
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 ...
ThePrint
7h
Paytm revenue surges 11% QoQ to Rs 1,660 Cr in Q2FY25
One97 Communications owned payments and financial services distribution company, Paytm has reported robust financial results ...
7h
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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