Is Paytm in loss or profit?

Reporting its first quarterly results as a public company, Paytm said its net loss for the three months to September 30 widened 8\% from a year earlier to Rs 473 crore. Revenue from operations was Rs 1,086 crore, the Noida-based company said in a stock exchange filing.

Is Paytm a loss-making company?

It was India’s largest IPO till date. However, market experts were apprehensive about Paytm’s performance on the capital market, with many pointing out that it was a loss-making company. Paytm had incurred losses of Rs 1,701 crore in the previous financial year.

How much is Paytm worth?

Paytm was valued at $16 billion when it raised $1 billion in a funding round led by US asset manager T Rowe Price along with participation of existing investors Ant Financial and SoftBank Vision Fund, according to an ET report on November 25, 2019. It was the largest amount raised by an Indian startup that year.

Can we invest in Paytm money?

You cannot invest via Paytm Wallet. You can pay for your investments by setting up Auto Pay (one-time bank mandate) on Paytm Money app to enable one-click investments. Alternatively, you can invest using UPI, NetBanking & Debit Card of your verified bank account.

What is the revenue of Paytm?

28.02 billion INR (US$370 million, 2021)
Paytm/Revenue

How does Paytm money make profit?

The company’s total revenue from operations in the financial year 2021 was Rs 2,802 crore across businesses. Payment and financial services together are the largest contributor to Paytm’s revenue, making up 75 percent of financial year 2021 revenue. The revenue from these businesses is Rs 2,109 crore.

Is flipkart making profit?

Flipkart Private Limited reported a loss of over 31 billion Indian rupees in financial year 2020 in India, compared to a loss of over 17 billion Indian rupees in the previous financial year.