Magicpin starts selling tomatoes for Rs 70 per kg through ONDC partners

Consumers can order tomatoes through magicpin app, Paytm, PhonePe's Pincode, Mystore in Delhi-NCR and select few cities under the arrangement, it said in a statement.
28-07-2023
Bigul

One 97 Communications Ltd - 543396 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Transcript of earnings conference call conducted on July 22, 2023
26-07-2023
Bigul

One97 Communications (PayTM) Results Earnings Call for Q1FY24

Conference Call with One97 Communications Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: Vijay Shekhar Sharma and Senior Team
24-07-2023
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Q1FY24 Quarterly Result Announced for One97 Communications Ltd.

Internet Software & Services company One97 Communications announced Q1FY24 results: Paytm reported revenue of Rs 2,342 crore, a growth of 39% YoY Contribution profit up 80% YoY to Rs 1,304 crore (margin of 56%, expansion of 12% YoY) EBITDA before ESOP up Rs 359 crore YoY to Rs 84 crore (margin of 4%, up 20% YoY); Q4FY23 EBITDA before ESOP, on a like-for-like basis, (excluding Rs 182 crore UPI incentive) was Rs 52 crore Payments Business: Revenue from payments business up 31% YoY to Rs 1,414 crore; GMV up 37% YoY to Rs 4.05 lakh crore Net payment margin up 69% YoY to Rs 648 crore; payment processing margin is at the high end of the 7-9bps range (excluding UPI incentive, since no incentive was recorded this quarter) Merchant paying subscription for devices has reached 79 lahks, an increase of 41 lahks YoY and 11 lakhs QoQ Loan Distribution Business: Revenue from financial services and others up 93% YoY to Rs 522 crore Loan distribution continues to scale with Rs 14,845 crore of loan disbursement (up 167% YoY); Unique borrowers, who have taken loan through the Paytm platform, reach 1.06 crore Result PDF
24-07-2023

Paytm share price gains as Q1 net loss narrows; brokerages raise target

Paytm's credit distribution business jumped 167% YoY, disbursing 14,845 crore in loan value. The overall number of loans facilitated on the payments platform registered a 51% increase at 1.28 crore, according to a regulatory filing by One97 Communications.
24-07-2023
Bigul

One 97 Communications Ltd - 543396 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper publication of unaudited standalone and consolidated financial results for the quarter ended June 30, 2023.
23-07-2023
Bigul

One 97 Communications Ltd - 543396 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Audio recording of the earnings conference call held on July 22, 2023 on financial results of the Company for quarter ended June 30, 2023
23-07-2023

There is no winner-take-all competition, Paytm's Vijay Shekhar Sharma on Jio's entry

There is a large market to be served by many more players. I believe that this country's opportunity is so underserved that many more players from distribution to book ownership to large institutes have opportunity'
22-07-2023

Paytm to become free cash flow positive by the year-end: CEO Vijay Shekhar Sharma

During the April-June quarter, Paytm narrowed its loss to 357 crore which was a sharp decline from 6,444 crore in the corresponding period last year
22-07-2023
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