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Paytm q4 yoy 98m
Paytm q4 yoy 98m








paytm q4 yoy 98m

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  • Tags: Paytm Q4 Paytm Q4 Results Paytm Q4 Report Follow Business News on abp LIVE for more latest stories and trending topics. Indirect Expenses (excluding ESOP cost) has increased 3% QoQ and 16% YoY to Rs 1,049 crore for Q4 FY 2023. In Q4 FY 2023, the company’s indirect expenses (as a % of revenues), declined to 45% on a reported basis, and 48% including only current quarter’s UPI incentives. In FY 2023, commerce and cloud revenue grew by 38% to Rs 1,520 crore. In Q4 FY 2023, Commerce & Cloud revenue grew by 23% YoY.

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    Paytm’s Cloud and Commerce business also saw growth.

    paytm q4 yoy 98m

    For FY 2023, revenue from Financial Services and Others jumped 252% in FY 2023 to Rs 1,540 crore, from Rs 437 crore in FY 2022.Īs of March 2023, 95 lakh borrowers have taken a loan through the platform, said the company. The growth in revenue was primarily driven by 253% YoY growth in the value of loans distributed. In Q4 FY 2023, revenue for financial services and others grew 183% YoY to Rs 475 crore. Its lending business, which has seen a 364% increase in the value of loans distributed through its platform, continued to rake in money for the company. Including only our share of current quarter’s UPI incentive, net payments margin for Q4 FY 2023 was Rs 554 crore, up 107% YoY," said the company. "Payments profitability further improved with Q4 FY 2023 net payment margin expanding 158% YoY to Rs 687 crore. For FY 2023, payment revenue grew 44 per cent to Rs 4,928 crore.įurthermore, the company reported that its profitability in payments continued to improve. For Paytm, payments is its core business where for the quarter its revenue grew by 41% YoY to Rs 1,467 crore. Paytm also recorded UPI incentives worth Rs 182 crore in the quarter, up by 101% on a yearly basis. For the quarter, its net loss narrowed by almost 80% to Rs (168) crore.

    PAYTM Q4 YOY 98M FULL

    For the full year, its contribution profit grew to Rs 3,900 crore, while its net loss too reduced by 26% to Rs 1,776 crore. It improved its EBITDA before ESOP costs by Rs 1,342 Cr. On a full year basis, the company’s revenue rose to Rs 7,990 crore. The company's operating profit or EBITDA before ESOP rose to Rs 101 crore. Paytm saw its revenue jump by 51 per cent to Rs 2,334 crore. Fintech company Paytm announced its quarterly and annual financial results on Friday.










    Paytm q4 yoy 98m