Paytm's Q1 Show, NVIDIA's New GPU Game Plan & More
India, July 21 -- Paytm Posts A Stellar Q1
Buoyed by strong revenue growth, healthy margins, operating leverage and resurgent payments and financial services businesses, the fintech major reported yet another profitable quarter.
Here is a quick snapshot of Paytm's Q1 FY27 numbers:
Profit zoomed nearly 79% YoY to Rs.220 Cr
Operating revenue also jumped 27.6% YoY to Rs.2,448 Cr
EBITDA soared 182% YoY to a record Rs.203 Cr
Total expenses rose 18.2% YoY to Rs.2,383 Cr
What Drove Profits? Paytm attributes its Q1 growth to four engines: accelerating merchant payments, compounding merchant loans, growing consumer payments vertical and enhanced B2C monetisation via wealth products. Underpinning this momentum was the deployment of AI across...
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