Paytm's parent company, One97 Communications, reported revenue of Rs 1,660 crore for Q2FY25, an 11% increase from the previous quarter.
Paytm achieved a consolidated profit after tax of Rs 930 crore, with a significant portion of this profit attributed to a one-time gain from selling its entertainment ticketing business.
Paytm's contribution margin increased to 54% in Q2FY25, signaling an improvement in operational efficiency.
Revenue from payment services reached Rs 981 crore, while financial services revenue surged by 34% to Rs 376 crore in Q2FY25.