Paytm revenue from operations up by 64%

By Lokmat English Desk | Published: November 29, 2021 07:30 PM2021-11-29T19:30:02+5:302021-11-29T19:30:02+5:30

The company’s contribution profit grew to ₹2.6 billion in Q2 FY 2022, year-on-year increase of 592%. The contribution margin ...

Paytm revenue from operations up by 64% | Paytm revenue from operations up by 64%

Paytm revenue from operations up by 64%

The company’s contribution profit grew to ₹2.6 billion in Q2 FY 2022, year-on-year increase of 592%. The contribution margin jumped to 24.0% of revenue from 5.7% the previous year. Paytm posted an improved Adjusted EBITDA margin to (39%) of revenues in Q2 FY 2022 (₹4,255 million), from (64%) of revenues Q2 FY 2021 (₹4,267 million), along with increased investments in technology and merchant base expansion.

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