Sat, May 06, 2023
Paytm said that during the second half of this year, it achieved operational profitability (EBITDA before ESOP) and added "we believe we can continue our growth momentum and improve our profitability further".
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Fri, Apr 21, 2023
Paytm, which operates under the parent company One-97 Communication, had achieved its target for operational profit excluding ESOP cost, the company’s founder and CEO Vijay Shekhar Sharma said in his December quarter results commentary.
Tue, Feb 07, 2023
Zee Business Managing Editor Anil Singhvi reiterated his view that existing shareholders of Paytm may continue to hold the stock.
Thu, Nov 17, 2022
According to bulk deal data available with the National Stock Exchange (NSE), SVF India Holdings (Cayman) Ltd sold a total of 2,93,50,000 shares, amounting to a 4.5 per cent stake in the company.
Wed, Nov 16, 2022
Softbank is the second largest shareholder with a 17.5 per cent stake in the company. With this transaction, the overall holding of Softbank in Paytm is likely to come down to 13 per cent.
Wed, Oct 05, 2022
While Goldman Sachs in its report said that Paytm is well-positioned given its industry-leading scale and engagement. In the last few quarters, Paytm has been able to rapidly increase cross-sell on its platform, resulting in improving profitability.
Sat, May 21, 2022
The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.
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