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Paytm Reports 10-Fold Profit Surge in Q2, Expands Market Reach and AI Services

Technology News

Paytm Reports 10-Fold Profit Surge in Q2, Expands Market Reach and AI Services

Paytm’s Q2 profit jumps to $24m as revenue grows

Tech in Asia

Paytm’s Q2 profit jumps to $24m as revenue grows

Paytm has started offering its in-house AI platform to enterprise merchants.

Paytm Q2 FY27 profit rises over 10-fold to ₹225 crore; revenue grows 28% to ₹2,648 crore

Brand Equity

Paytm Q2 FY27 profit rises over 10-fold to ₹225 crore; revenue grows 28% to ₹2,648 crore

One 97 Communications Ltd, also known as Paytm, reported a tenfold increase in profit for Q2 FY27. Their revenue rose by 28 percent year-on-year, reaching INR 2,648 crore during this quarter....

Paytm targets one-third UPI market share as Sharma steps up consumer acquisition

Economic Times

Paytm targets one-third UPI market share as Sharma steps up consumer acquisition

Paytm currently accounts for about 8.1% of UPI transaction volumes, behind PhonePe's 45.6% and Google Pay's 32.2%, according to September data from the National Payments Corporation of India.

Paytm rolls out enterprise AI service in pivot beyond payments

MediaNama

Paytm rolls out enterprise AI service in pivot beyond payments

Paytm has begun offering its AI platform to enterprise merchants as it looks to expand beyond payments and financial services.

UPI MDR to uplift payments processing margin: Paytm

MediaNama

UPI MDR to uplift payments processing margin: Paytm

Paytm says that the 0.4% MDR on UPI payments will uplift its overall payments processing margin by 2.5 basis points based on its current GMV

Paytm’s Q2 profit jumps 10-fold to Rs 225 crore, revenue up 28%

Economic Times

Paytm’s Q2 profit jumps 10-fold to Rs 225 crore, revenue up 28%

Revenue growth was in line with brokerage estimates, but net profit fell short of expectations. Brokerages had projected operating revenue of Rs 2,575-2,641 crore, up 25-28% year-on-year, and net...

Paytm operating revenue grows 28%, net profit before exceptional items grows 9% to Rs 229 crore

MoneyControl

Paytm operating revenue grows 28%, net profit before exceptional items grows 9% to Rs 229 crore

The payment companies, including Paytm, are expected to report higher payment revenue from the December quarter as UPI MDR implementation could begin from mid-November.

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