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India leading payments and financial services company Paytm posted strong growth in the second quarter of the financial year 2022-23 (FY23), clocking 76 per c
India's leading payments and financial services company Paytm posted strong growth in the second quarter of the financial year 2022-23 (FY23), clocking 76 per cent year-on-year (YoY) revenue growth, while contribution profit grew 224 per cent YoY to Rs 843 crore, leading to a contribution margin improvement of 44.1 per cent of revenue in the second quarter of fiscal 2022-23 (Q2FY23).
Get latest articles and stories on Business at LatestLY. The company has seen a stronger monetisation across all its key businesses while limiting indirect costs, leading to a 61 per cent YoY improvement in operating profits or Ebitda before employee stock ownership plan (ESOP) costs to Rs 166 crore. Business News | Incredible Growth in Financial Services, Stronger Monetisation Puts Us Ahead of Profitability Plans: Paytm Management.
India leading payments and financial services company Paytm posted strong growth in the second quarter of the financial year 2022-23 (FY23), clocking 76 per c
India leading payments and financial services company Paytm posted strong growth in the second quarter of the financial year 2022-23 (FY23), clocking 76 per c