New Delhi New Delhi. Leading payments and financial services company, Paytm on Monday reported impressively strong growth across key financial metrics. The company's operating revenue increased quarter-on-quarter (QoQ) by 10 per cent to Rs 1,828 crore in Q3 FY2025, driven by the expansion of its payments business and financial services delivery portfolio.
The company reported PAT improvement of Rs 208 crore QoQ to Rs 208 crore, while its cash reserves increased by Rs 2,851 crore QoQ to Rs 12,850 crore. Key highlights include improvement in EBITDA by Rs 181 crore QoQ, which now stands at Rs (223) crore. According to the company, the company's contribution margin (excluding UPI incentives) remained stable at 52 per cent, which translated into contribution profit of Rs 959 crore, an increase of 7 per cent QoQ.
EBITDA before ESOP cost increased by Rs 145 crore quarter-on-quarter to Rs (41) crore, the company maintained its target of achieving EBITDA profitability before ESOP cost by Q4FY25. The company's payments services revenue grew to Rs 1,059 crore, while its financial services revenue saw an impressive growth of 34 per cent quarter-on-quarter, reaching Rs 502 crore. Gross merchandise value (GMV) processed through the platform grew to Rs 5.0 lakh crore, a growth of 13 per cent quarter-on-quarter, further underlining Paytm's strong market position.
With 5 lakh new additions during the quarter, Paytm's merchant customer base for payment devices grew to 1.17 crore.
Comments are closed.