PPSL, a subsidiary of One 97 Communications, has received RBI's final authorisation to operate as a payment aggregator, enabling unrestricted merchant onboarding after earlier curbs were lifted
Ant Group is expected to offload its remaining 5.84% stake in Paytm worth $434 million, marking a potential exit from the fintech firm. The deal comes amid growing regulatory concerns
Paytm posted a net profit of Rs 122.5 crore in Q1FY26, driven by sharp cost controls, after a steep loss in the corresponding quarter of FY25
The Noida-based company's losses for the entire FY25 was significantly lower at Rs 658.7 crore, down from Rs 1,417 crore in the previous financial year (FY24)
Paytm's UPI incentive and Ebitda guidance will be monitored closely by analysts during Q4 2025 results
Nakul Jain is the Managing Director and CEO of Paytm Payments Services Limited (PPSL). He joined PPSL in June 2022 and is in charge of the Online Payments business
Prospects look better due to visibility on business turnaround and profitability. As and when, the Payment aggregator license is received from RBI, that could be a valuation catalyst
The loss follows a profitable September quarter, when the company reported a profit of Rs 928.3 crore, driven by the sale of its movie and ticketing business to Zomato
Paytm Q3FY25 results: One97 Communications had reported a loss of Rs 209 crore during the same period last year
It is also projected to achieve breakeven at the net profit level in Q4FY26, brokerage firm Mirae Asset Capital Markets said in a note
The company is seeing signs of recovery, with monthly transacting users (MTUs) at 71 million at the end of the September quarter of this financial year
The surge in Paytm share price came after the company announced that National Payments Corporation of India (NPCI) has granted approval to the company to onboard new UPI users
Paytm's independent board members will earn a maximum annual compensation of up to Rs 48 lakh ($57,228), the company said in a release
The uptick in the share price came after reports indicated that the Government has approved Paytm's FDI proposal for payment aggregator business.
Paytm Q1FY25 results: One97 Communications' income for the first quarter fell 33%; Paytm is currently awaiting regulatory approval to start onboarding new UPI users
Paytm's health care plan offers merchant partners benefits such as unlimited doctor 'teleconsultation' and in-person doctor visits
During FY23, the company maintained an average of 32,798 employees on its rolls, with 29,503 actively engaged
The decline followed the company's announcement of its Q4 results, which fell short of market expectations. Paytm's loss widened to Rs 549.6 crore in Q4FY24
Company has 'transitioned' payment business from Paytm Payments Bank to other partner banks, says CEO
Paytm Q4 FY 24 results: Shares of Paytm were trading at Rs 349 at 9:35 am on the BSE following the release of the company's quarter earnings report