Paytm Q2FY25 result: Consolidated net profit at Rs 930 cr; revenue down 34%

Paytm parent One 97 Communications Ltd on Tuesday reported a consolidated net profit of Rs 930 crore for the second quarter ending September 30. The company had reported a net profit of Rs 290 crore in the same quarter of the previous year, according to its BSE filing.

The company’s net profit was significantly boosted by a one-time gain of Rs 1,345 crore from the sale of its movie ticketing business to Zomato.