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Paytm Q2 Results: Net profit jumps over 10-fold to ₹226 crore, revenue surges 29%Photo: CNBC-TV18 Markets
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BUSINESSCNBC-TV18 Markets · 2 hours agoLive

Paytm Q2 Results: Net profit jumps over 10-fold to ₹226 crore, revenue surges 29%

Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

Paytm reported a net profit of ₹226 crore for the second quarter, compared with ₹21 crore a year ago. Revenue increased 28.5% year-on-year to ₹2,648 crore, while group EBITDA rose 91.5% to ₹270 crore and the EBITDA margin expanded to 10.2% from 6.8%.

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