"Paytm's revenue growth profile is in line with its India internet peers, with profitability higher, and valuations that are at the lower end vs peers; we see risk-reward as skewed to the upside," Goldman Sachs said in a report. It added that the company's strong results in the March quarter put to rest debates over Paytm's business model and profitability.
The company's net loss narrowed to ₹168 crore from ₹763 crore a year ago. Total revenue rose 51% year-on-year to ₹2,334 crore in the quarter under review. Loans disbursed increased to ₹12,554 crore in Q4FY23, from ₹3,553 crore a year ago. The contribution profit rose 138% to ₹1,283 crore.
هذه القصة مأخوذة من طبعة May 11, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 11, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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