Paytm Q2 result: Fintech posts PAT at ₹930 crore on exceptional gain vs loss YoY; 5 key highlights

Paytm Q2 result: Paytm parent One 97 Communications on Tuesday reported a profit after tax (PAT) of ₹930 crore for the September quarter, benefitting from a one-time exceptional gain of ₹1,345 crore from the sale of its entertainment ticketing business,

The company said it achieved 11 per cent quarter-on-quarter (QoQ) revenue growth due to a 5 per cent QoQ increase in GMV, better realisation from devices and a 34 per cent QoQ increase in revenues from financial services.