PAYTM Q2 results have been released. On an annual basis, the company has turned from loss to profit. Compared to the July-September quarter of the financial year 2023-24, the company has turned from loss to profit in the July-September quarter of the financial year 2024-25.
PAYTM Q2 Results- As compared to the July-September quarter of the financial year 2023-24, there has been a profit of Rs 928 crore in the July-September quarter of the financial year 2024-25 against a loss of Rs 290 crore.
But the company's income has declined. The company's income has fallen on an annual basis. (Share News: People continue to sell shares for the second consecutive day, shares fall 35% in 2 days - what next?) As compared to the July-September quarter of the financial year 2023-24, the income has fallen from Rs 2,519 crore to Rs 1,660 crore in the July-September quarter of the financial year 2024-25. It has been told in the quarterly results that the company has also earned a one-time income of Rs 1345 crore. This income has come from the sale of movie ticketing business. The operational loss of the company has increased. On an annual basis, the operational loss has increased from Rs 273 crore to Rs 406 crore in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24.
--Advertisement--