Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma

Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma

ByNews Polite

Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday.  Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023…

Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters

Paytm Registers Incentive Worth Rs. 130 Crore From UPI Transactions in 3 Quarters

ByNews Polite

Digital financial services firm One97 Communications, which operates under the Paytm brand, expects to sustain operational profit growth, company’s founder and CEO Vijay Shekhar Sharma said on Monday. Paytm‘s EBITDA (earnings before interest, taxes, depreciation, and amortisation), an indicator of operational profit, before ESOP cost margin improved to Rs. 31 crore…

Paytm 2022 Recap Calls Delhi-NCR as India’s Digital Payments Capital

Paytm 2022 Recap Calls Delhi-NCR as India’s Digital Payments Capital

ByNews Polite

One97 Communications (OCL), which owns Paytm, on Wednesday announced the release of Paytm 2022 Recap, highlighting the interesting trends of transactions made through Paytm in the last year. Paytm UPI is one of the most preferred payment methods for Indians, with its superfast and secure payments. Users can also check…

Paytm Monthly Transacting Users Grew 49 Percent YoY, Q1 Net Loss Widens to Rs 644.4 Crore

Paytm Monthly Transacting Users Grew 49 Percent YoY, Q1 Net Loss Widens to Rs 644.4 Crore

ByNews Polite

Digital financial services firm One97 Communications, which operates under the Paytm brand, on Friday said its consolidated loss widened to Rs. 644.4 crore in the first quarter ended June 30. The company had recorded a net loss of Rs. 380.2 crore a year ago.  Paytm said its contribution profit, which…