Paytm’s stock continued its upward momentum today, rising by 6.2% to ₹897.90 and extending its rally for the fifth consecutive session. The company’s reported net profit of ₹930 crore in Q2FY25, driven significantly by a one-time gain from a business sale.
Improved Financial Performance: Paytm has been demonstrating consistent improvement in its financial performance, particularly in terms of revenue growth and profitability.
Strong User Base: The company continues to attract and retain a large user base, driving increased transaction volumes and engagement.