Leading fintech company Paytm returns to profitability in the September quarter of 2024-25 (Q2 FY25)

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In Q2 FY25, Paytm reported a consolidated profit after tax (PAT) of INR 930 Cr, up from a loss of INR 292 Cr the previous year

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The company reported a one-time exceptional gain of INR 1,345 Cr from the sale of its entertainment ticketing business

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Revenue from operations decreased by 34% year-on-year to INR 1,1660 Cr from INR 2,519 Cr in the previous period

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The payment services business increased revenue by 9% QoQ to INR 981 Cr, driven by an increase in GMV

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In Q2, GMV was INR 4.5 Lakh Cr, up 5% from the previous quarter. In addition, Paytm reported a considerable increase in payment processing margin

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The company anticipates a payment processing margin (including UPI incentive) of 5-6 basis points this year

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In Q2 FY24, merchant subscriptions were 1.12 Cr, with increased active subscriber base supporting revenue growth

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The company reported strong performance in the equity broking, insurance broking, and mutual fund distribution segments

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Paytm's financial services attracted up to 6 lakh consumers in Q2, indicating significant growth potential

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