![]() ![]() This isn’t the only good news for the digital wallet giant – in Q3 FY 2023, their EBITDA before ESOP (if you don’t know its basically a company’s operating income before accounting for the expenses related to an employee stock ownership plan) profit surged to ₹31 crores, a major improvement from the loss of ₹ 393 crores in Q3 FY 2022 and ₹166 crores in Q2 FY 2023. Paytm’s revenue from operations skyrocketed by 2.5X from March 2021 to a staggering ₹2,062 crore, showcasing an impressive 42% YoY and 8% QoQ growth. It is considered the industry leader in systematic investment plans (SIP) for mutual funds. Paytm Money, its investment platform, enables users to buy and sell shares, mutual funds, and digital gold. With over 58 million account holders, Paytm has the largest digital bank in the country. Originally designed to facilitate online money transfers for merchants and customers, Paytm expanded its offerings to include wallet services, banking facilities, e-commerce, and more, with the goal of making life easier for Indians. The revenue model of Paytm revolves around its bill payments app, which provides a wide range of services such as mobile and DTH recharge, utility bill payments, movie and travel bookings (including train, flight, and metro), as well as financial solutions to customers. Revenue Model of Paytm : Cracking code of Paytm’s profit ![]()
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