Paytm Q1 Result Consolidated loss widens 645 rs crore revenue up 89 percent YoY ipo news – Business News India

Paytm Q1 Result: Digital Financial Services Firm वन97 Communications को एक बार फिर गटा है है. During the quarter ended June 30, the consolidated loss increased to 644.4 crore rupees. The company had a loss of Rs 380.2 crore in the same period a year ago. बाता देखन की वन97 कुम्कियों काम काम काम कार्टी है

Paytm said its contribution profit tripled to Rs 726 crore in the quarter of June 2022, which was Rs 245 crore in the same period a year ago. The company reported that its operating income increased by 89 percent to 1,680 crore rupees in the June 2022 quarter.

In terms of lending, the company said there was a 492 percent increase during the June quarter. The company disbursed a total of 85 lakh loans. During the quarter, the value of distributed loans increased by 779 percent year-on-year to 5,554 crore rupees. A year ago, a loan of 447 crore rupees was disbursed, which increased by 656 percent to 3,383 crore rupees.

share price: On the last trading day of the week, on Friday, Paytm’s share price dropped 3.20% to close at 783.65 rupees. Market cap ki baat karen toh 50,847 crore rupees.


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